Marenno
Short

GBPUSD SHORT ENTRY LEVELS, EURO SESSION ONLY

FX:GBPUSD   British Pound/U.S. Dollar
22.2% bearish , considering multi timeframe price action factors

Estimated price fluctuation at time of report (+1Hr) 0.18%
Volume Put/Call ratio 0.97
OI Put/Call ratio 0.84
Average Put/Call Ratio 0.91









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.



Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

NR (Narrow range), WR (Wide range) :
1D NR4; 1D NR7;



















Volume and open interest levels:
Option level R4 1.30932
Option level R3 1.30432
Option level R2 1.30242
Option level R1 1.29672
Option level S1 1.29222
Option level S2 1.29222
Option level S3 1.28822
Option level S4 1.28232

Session (current session only) levels:
r3 1.30682
r2 1.30361
r1 1.30041
p 1.29602
s1 1.29282
s2 1.28843
s3 1.28523

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.
youtube channel:
youtube.com/c/marenno

Using:
http://marenno.com/index.php/how-to-use-volume-and-open-interest-option-levels/

Counting:
http://marenno.com/index.php/counting-option-levels/

Banned: https://www.facebook.com/marennoacademy/
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