Marenno
Short

GBPUSD SHORT ENTRY LEVELS, EURO SESSION ONLY

FX:GBPUSD   British Pound/U.S. Dollar
66.7% bearish , considering multi timeframe price action factors

Estimated price fluctuation at time of report (+1Hr) 0.32%
Volume Put/Call ratio 0.68
OI Put/Call ratio 0.84
Average Put/Call Ratio 0.76









How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
1&2 period patterns:
1M Bearish Pattern

The pattern is valid till the end of it's period.

NR (Narrow range), WR (Wide range) :
1H WR4; 4H NR4; 4H NR7; 1D NR4; 1D NR7; 1M NR4;



















Volume and open interest levels:
Option level R4 1.31473
Option level R3 1.30733
Option level R2 1.30453
Option level R1 1.29813
Option level S1 1.29163
Option level S2 1.29163
Option level S3 1.28873
Option level S4 1.28123

Session (current session only) levels:
r3 1.31177
r2 1.30663
r1 1.30150
p 1.29803
s1 1.29290
s2 1.28943
s3 1.28430

I really hope that sharing of my routine with you, will help you in your trading.







A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
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