Bearish on GBP/USD |15M TF analysis
This is my analysis on GU. We took buy side liquidity and then broke structure to the downside. Waiting for price retrace back up into a 30 minute order block with a 15M imbalance inside of it and liquidity resting right below it. Will scale down to lower timeframe 1-5M and see what price action does from this zone.
Trade active
Entry: 1.26101
SL: 1.26191 (9 pips)
TP 1: 1.25885 (21 pips)
TP 2: 1.25742 ( 35 pips)
Final TP: 1.25629 (47 pips)
Trade closed: stop reached
Stopped out at Break Even
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.