GBPUSD 4 hour Trading Journal
I am pleased that my levels were hit today at ranges of 1.26130 at a noted FVG and went to and through to an order block at range I noted of 1.26289. Price delivered higher creating the high at 1.26418. My fib was wrong so of course my analysis was off.
A consolidation day and expected after the last couple days of a lot of range. Price could not take the buy stops from Friday.
I could see price fake a low in London coming into the 4IFVG at range 1.26113.
That said I anticipate price will seek the equilibrium level at 1.26447. I suspect that while parent bias is bearish we could see price seek buy stops and fill in 4 IFVG at range 1.26686 to finish the week.
I am pleased that my levels were hit today at ranges of 1.26130 at a noted FVG and went to and through to an order block at range I noted of 1.26289. Price delivered higher creating the high at 1.26418. My fib was wrong so of course my analysis was off.
A consolidation day and expected after the last couple days of a lot of range. Price could not take the buy stops from Friday.
I could see price fake a low in London coming into the 4IFVG at range 1.26113.
That said I anticipate price will seek the equilibrium level at 1.26447. I suspect that while parent bias is bearish we could see price seek buy stops and fill in 4 IFVG at range 1.26686 to finish the week.