10.7.20 @ 9.50AM LO.S. GBPUSD SELL OFF (M15 TF) PINS TO 200EMA
10.7.20 GBPUSD H1 FLASHCARD ALL RULES ARE MET..SELL OFF..TP AT FRESH H1 DEMAND ZONE.. ONCE H1 DEMAIND ZONE REACHED I'M PLANNING TO BUY IT IF I WILL FIND A HIGH PROBABILITY OF PRICE ACTION FORMING THERE.A BULLISH CANDLESTICK PATTERN LIKE PIN BAR, ENGULFING, INSIDE BAR FALSE BREAKOUT,AND SO ON..MY TAKE PROFIT WILL BE UNTIL THE LAST RESISTANCE... SEE THE FLASHCARD, RULES ARE INDICATED ON THE CHART..
DAILY TIME FRAME MARKET FLOW/BIAS IS STILL BULLISH.
REASONS BEHIND SELL OFF(COUNTER-TREND SELL ONLY): 10.7.20 4.50PM PHL TIME 9.50AM LONDON S. GBPUSD SELL M15 TYPE 1 SETUP,QTL,TDI SHARKFIN, STOPHUNT HIGH AND DROP , PRICE ACTION AT THE H1 SUPPLY ZONE PLUS M FORMATION PATTERN FORM AT THE FIB.50% LEVEL...I CALL IT THE GOLDEN ZONE..
ENTER TRADE ALSO ON MY MT4 PLATFORM SAME TRADE BUT A LITTLE DIFFERENCE IN PRICE OF ABOUT MORE OR LESS 5 PIPS.. 10.7.20 GBPUSD SELL @ 1.29156-TP1 1.2975 QTL=89.2 Pips=1to5.68RR, TP2 1.2800 SWEET S.=115.60 P =1to7.36RR, TP3 1.2750 QTL =165.60 P =1to10.54RR..SEE THE REASONS BEHIND THE TRADE..
DAILY TIME FRAME MARKET FLOW/BIAS IS STILL BULLISH.
REASONS BEHIND SELL OFF(COUNTER-TREND SELL ONLY): 10.7.20 4.50PM PHL TIME 9.50AM LONDON S. GBPUSD SELL M15 TYPE 1 SETUP,QTL,TDI SHARKFIN, STOPHUNT HIGH AND DROP , PRICE ACTION AT THE H1 SUPPLY ZONE PLUS M FORMATION PATTERN FORM AT THE FIB.50% LEVEL...I CALL IT THE GOLDEN ZONE..
ENTER TRADE ALSO ON MY MT4 PLATFORM SAME TRADE BUT A LITTLE DIFFERENCE IN PRICE OF ABOUT MORE OR LESS 5 PIPS.. 10.7.20 GBPUSD SELL @ 1.29156-TP1 1.2975 QTL=89.2 Pips=1to5.68RR, TP2 1.2800 SWEET S.=115.60 P =1to7.36RR, TP3 1.2750 QTL =165.60 P =1to10.54RR..SEE THE REASONS BEHIND THE TRADE..