GBPUSD - Short Setup So Sweet You Wouldn't Want To Miss It!
Weekly price action for cable is beautiful!
2 weeks prior, cable witnessed a bullish run on liquidity, failing to close and maintain bullish sentiment above 1.28273 causing capitulation from the highs of 1.28938 to current weekly lows @ 1.25751.
The 4th March 24 weekly candle could be considered as a bearish order block and scoping for shorts at the 1.26480 down to the weekly Sellside liquidity @1.25180 yielding over 1,300 pips!
1.23623, another 1,500* pips away is also a long term short target for cable.
Dollar will be the pair I will pay close attention to as I would like to see a continued bullish strength in the dollar pushing and ripping through 105.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
2 weeks prior, cable witnessed a bullish run on liquidity, failing to close and maintain bullish sentiment above 1.28273 causing capitulation from the highs of 1.28938 to current weekly lows @ 1.25751.
The 4th March 24 weekly candle could be considered as a bearish order block and scoping for shorts at the 1.26480 down to the weekly Sellside liquidity @1.25180 yielding over 1,300 pips!
1.23623, another 1,500* pips away is also a long term short target for cable.
Dollar will be the pair I will pay close attention to as I would like to see a continued bullish strength in the dollar pushing and ripping through 105.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!
The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.
Credits;
- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
