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akhena10fx
May 29, 2023 10:04 PM

GBPUSD Outlook 5/29 Short

British Pound/U.S. DollarFXCM

Description

DXY bias is bullish so i am expecting weakness in GU.

NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish.

HTF Bearish objective is sellside liquidity around 1.22202, which is a HTF Fair Value Gap.

All other relevant POIs are annotated on the chart.

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im short on GU

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reducing risk

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going break even

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had to give it room past break even. still holding

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still holding on GU

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adding to position here with the expectation that the 4H will close below its fair value gap

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took a loss and closed the first position manually, something else looks to be developing.

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lol gotta love it, was just a liquidity clearout, we keep headind down but he market successfully kicked me out

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last shot to get on the right side

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tapped in. if this doest drop it will be one whiplash of a day.

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enough punishment for one day lol, done with currencies likely till monday
Comments
LightningThunderTrades
i took a BE too, market makers at it again. even if we follow our set up sigh*. we will get them back next set up thanks for sharing
akhena10fx
@LightningThunderTrades, NFP week, we take what we can get. no method is going to be successful 100% of the time
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