I'm expecting shorts in the GBPUSD pair, after the consolidation the market has retraced back to it and I'm expecting to go short when it reaches my Supply that caused the expansion initially and I have a trendline liquidity that's my confluence to say the least, and the market is bearish on the higher contrary.
The EURJPY has been bearish since the 20th of March and with the bearish bos forming I saw a perfect entry to enter on the 1H POI which created an imbalance when it formed.
The direction of the market has been strongly bearish in the last hours and after the mitigation of the 1H POI, the market reacted just like how I predicted and now I'm waiting to enter on a re-entry type of position in the 15m POI as it led to the bos which happened.
The market is approaching my 1H POI and it is valid according to my confluences so I am looking to go long on the sterling Pound as the London session is still in tact.
I've added comments on to why I'm expecting to long this pair.
I have attached some callouts which clearly detail why I anticipated this trend.
As you can see the gold setup. It just a full schematic using my strategy
The +150 pips sell setup I shared last week played out nicely and those pips were bagged respectively. Now the market has reached our Major (Daily) buy zone for the first time so I'm expecting a great reversal.
Prolly shared a setup last week, and put more details in it, this is a progress setup.
The market has invaded my 4H zone for the first time, and I'm looking for a very bearish movement since my zone is still fresh.
The price just invaded our 4H zone for the first time and we're expecting a rejection off it.
This pair has invaded with our zone and we're strictly expecting a stronger bearish momentum.
We have a DAILY demand that has not been interfered to so I'm waiting for the price to reach this zone for the first time in months and rejects it.
We're heading for our 4H supply which has not yet been invaded to (thus symbolising it is still strong) so that's why I'm anticipating a strong short as a result.