GBPUSD Hourly Trading Journal
GBPUSD Hourly Trading Journal
Friday Price delivered to my anticipated 1.26251 range inside the IFVG.
I suspect it would be heavy to the down side desiring to seek a lower range of 1.26051 and it fell short. Right candle wrong number. It is impressive though that I saw the key level at the sell side at a bullish order block of 1.26139. So I can celebrate because I did identify the order block.
At the time of this analysis we are going lower, coming to and through my noted price delivery at 1.26051. Celebrate.
I do expect that while the DXY and EURO have made it to their equilibriums, and yet this currency will bear until the Daily equilibrium. It is showing on higher time frames, a wiliness by increasingly taking out sell stops.
I suspect that price will Monday come to equilibrium 1.26931. It will consolidate and likely expand seeking lower prices or reverse to the created IFVG created in Fridays range 1.27512. Interestingly I desire to note another key support level at mean threshold at 1.27362 the NWOG that price could rally to in expansion to the buy side? Wait and read the tape for the next move to unfold.
Friday Price delivered to my anticipated 1.26251 range inside the IFVG.
I suspect it would be heavy to the down side desiring to seek a lower range of 1.26051 and it fell short. Right candle wrong number. It is impressive though that I saw the key level at the sell side at a bullish order block of 1.26139. So I can celebrate because I did identify the order block.
At the time of this analysis we are going lower, coming to and through my noted price delivery at 1.26051. Celebrate.
I do expect that while the DXY and EURO have made it to their equilibriums, and yet this currency will bear until the Daily equilibrium. It is showing on higher time frames, a wiliness by increasingly taking out sell stops.
I suspect that price will Monday come to equilibrium 1.26931. It will consolidate and likely expand seeking lower prices or reverse to the created IFVG created in Fridays range 1.27512. Interestingly I desire to note another key support level at mean threshold at 1.27362 the NWOG that price could rally to in expansion to the buy side? Wait and read the tape for the next move to unfold.
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