johntradingwick

GBPUSD - Probable trade set-ups

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Key Highlights:

1. Higher time frame trend = Bearish
2. Multiple BOS to the downside
3. Retracing back towards the 4H POI
4. Liquidity pool overhead
5. 2 probable trade set-ups:
a> Rejection from the 4H POI
b> Sweep above the last HTF high taking out the liquidity before falling back towards the range low

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Comment: Invalidated. No change in structure.

Rajat Kumar Singh,
B.Tech. (Delhi Technological University)
Community Manager (India), TradingView

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