Short GBPUSD

7月9日

Guys,

If you look closely..
price has been in a range formation on the HTF.

But knowing how to spot liquidity can be so much convenient to get a setup up.

Previous session (asian) high has been swept by London.

Also displaced asian low.

Now a CoC formation has been played.

Now I want to get a continuation set up.

I love to use fibs here, to determine the displacement PDA best on the 15mins

The the hunt Begins on 5mins.

I want 3 or 2 most confluence to align

I use
OTE (50% or 23.6%)
FVG
ORDRBLOC

This is how I Top Down analysis to get a high probability Trade set up.

Utilize proper risk management