Narrative: Bullish Dollar, Bearish foreign pairs (EURUSD / GBPUSD).
Expecting weekly candle to expand lower for GBPUSD.
Bias: On the daily chart GBPUSD is in a deep premium
- hitting the range 0.75 quadrant level
- with candles bodies staying inside the weekly inverse Fair value gap
- while also overlapping a daily Bearish Orderblock. 01 May daily candle's wick rejected from the OB.
- This level also overlaps a daily FVG /imbalance that the candle bodies are respecting.
Total of 4 PD Arrays, High probability short.
I also like how in GBPUSD price has swept (Stop Run) liquidity of the past 3 weeks.
Trade Execution
Entry: Ideally would look for a High probability sell if price trades back into 1.36021 during killzone times during the week:
London: 0300-0400AM
New York: 0700-1000AM / 1500PM-1630PM (New York time)
Levels:
Entry: 1.36021
Stop: 1.36360
Target: 1.33460
This Week's Drivers
Monday: all day GBP BANK HOLIDAY. No trades.
Tuesday: 10:00AM USD ISM Services PMI, JOLTS Job Openings, New Home Sales.
Wednesday: 08:15Am USD ADP Non-Farm Employment Change.
Thursday: 08:30Am USD Unemployment Claims.
Friday: 08:20Am GBP ECB President Lagarde Speaks
08:30Am USD Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate, 10:00AM Prelim UoM Consumer Sentiment, 19:30 FOMC Member Waller Speaks.
prefer to be done before friday.
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تم حذف الأمر
Reevaluating BIAS إخلاء المسؤولية
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
