GBPUSD 11/20/2022

Overall I have a bearish bias on GBPUSD. Lower timeframes are aligning with higher timeframe IOF. Ideally I would like to see price trade lower into 1.17769 before trading higher to grab buyside liquidity @ 1.19761, ultimately trading below and out of the 1.20000 - 1.17500 quarter level. 1.18750 half point is the EQL of the range. Could see price trade directly to 1.19761 either way from 1.19761 I will look to go short on GBPUSD out of the current quarter level trading range.

註釋

Looking for long position

註釋

ACTIVE

註釋

Stops in profit could see price retest entry area

交易結束：達到停損點

Stop profit hit.

註釋

AR lows holding as res and possible formation of reversal pattern caused me to move stops in profit. Could still see the trade playout without reaching original stop. Its monday and I wasn"t willing to start the week off at a lost.