Darius17
Short

GBPUSD short - Supply Demand - h4 (Combine it with H&S)

FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders!

In this Analysis I would like to show you how we combine Head and Shoulder with Supply Demand. In the last analysis we could clearly see that the price broke and already retested the Neck Line and that we are expecting a big drop . For all who are not in the trade we have the possibility to enter or to add positions at the h4 Supply Zones. I marked two possible scenarios on the charts.

The Demand Zone would be a great Take Profit Area if you want to scalp GU. I also marked the possibility that we could break the Demand Zone and then we can enter at the Retest of the break.
But we can also simply Swing Trade this drop . Just stick to your trading plan.


That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
Comment: No Confirmation yet, that the Supply Zone has enough liquidity in the market to push the price down.
Comment: Let' see how the h4 Candle will close
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Comments

And now at H4 Supply Zone, lets witness demand and supply power. Cheers Bro.
+2 Reply
Darius17 peterkelvin16
@peterkelvin16, exactly bro
Reply
I think the price might be bullish since we have Inverted QML setup in H4 TF. On top of that, daily TF shows Inverted Hammer price action. Just my opinion.
Reply
@DARIUS17 READ THE DESCRIPTION
Reply
I DEFER LOOK AT 1 WEEK TF
Reply
Darius17 GLACENTFX
@GLACENTFX, oke great. What do you see at the weekly?
Reply
GLACENTFX Darius17
Reply
great analysys
keep up the good work
quite educative
Reply
Darius17 falcon_2115
@falcon_2115 thanks bro for the comment. I really appreciate that
Reply
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