Shorting the GU during LO

FX:GBPUSD   British Pound / U.S. Dollar
134 12
Shorting the GU during LO, after it hit the 1H bearish order block, cleaning out yesterdays swing high

I think bear-stops 1.5270 are not safe...
jinirav radim.vana.9
Possible..looks like Smart money aiming that level...Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
I don't know, if I read the situation in COT right, but: Cable is in ca 2 week consolidation (inside weekly bullish order-block) and Commercials have during this time increased their NET LONG positions...
(More about this in ICT Market maker collection 2 - COT)
Tarri radim.vana.9
anything goes at this point. Let's see after today if this was the low. If it indeed was there will be enough time and pips to take out on the long side.

no point gambling it away today
+1 Reply
I agree, I do not want to predicting low in cable, but stops above 1,5270 must be juicy.
I see a MMP buy model in action and it may touch 5200 to complete it today?
The stops of 1.52 are gone, into a 1H bearish order block, during NYO KZ, so maybe this is a good short instead of the LO :)
DXY is also inside the OTE zone, higher highs for GU but not EU and DXY. So I reshort around the 1.5200 level
hopiplaka1 hopiplaka1
I do also like the monthly double bottom around the 1.4820 level
jinirav hopiplaka1
Good call here! :)
Thanks, and the more obvious one I'd say (in hindsight :) )
Time to rewatch the inside the range webinar
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