As you can see, the price has penetrated above the previous High Swing and is trading in the range of 1.176! It is possible that the price will start to correct from this range, and the important condition is The Close and Consolidation below 1.171 ! The important range of FVG for the possible price target is 1.148 to 1.165, note that this analysis was done in the 12-hour time frame!
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⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 11.11.2022 ⚠️(DYOR)
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Great setup! I agree with you, thanks for sharing your vision. I wonder what you pay attention to when choosing an asset to trade?
UnknownUnicorn15614419
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That's a very interesting point of view. I think this scenario is possible for collecting liquidity, it would be very useful. And in the longer term, I'm looking at a price move in the other direction. Thanks for the hard work, mate)
AtlasTrades
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good one GBPUSD idea ! I agree with all what you wrote