💼 Pair: GBPUSD
📉 Bias: Short
🔽 Entry: 1.35535
⛔ Stop-Loss: 21 pips
🎯 Take-Profit: 42 pips
⚖️ Risk:Reward: 1:2
📌 Trade Idea Explanation
Price has tapped into a premium zone after an extended upside move, showing signs of exhaustion. The pair reached a key supply area aligned with previous structure, suggesting a potential reversal.
The short entry at 1.35535 is positioned right as price reacts from the supply region, giving a high-probability short setup.
SL of 21 pips is placed safely above the structural sweep to protect against liquidity grabs.
TP of 42 pips is placed at the next major demand area, where price is likely to retrace.
📊 Market Structure
Market is forming lower highs in the intraday timeframe.
Liquidity has been collected at the top, increasing probability of downside continuation.
Clean imbalance below provides magnet for price.
🔻 Summary
Selling GBPUSD at 1.35535 with a 1:2 RR offers a clean, structured, and disciplined setup based on supply–demand + liquidity behavior.
📉 Bias: Short
🔽 Entry: 1.35535
⛔ Stop-Loss: 21 pips
🎯 Take-Profit: 42 pips
⚖️ Risk:Reward: 1:2
📌 Trade Idea Explanation
Price has tapped into a premium zone after an extended upside move, showing signs of exhaustion. The pair reached a key supply area aligned with previous structure, suggesting a potential reversal.
The short entry at 1.35535 is positioned right as price reacts from the supply region, giving a high-probability short setup.
SL of 21 pips is placed safely above the structural sweep to protect against liquidity grabs.
TP of 42 pips is placed at the next major demand area, where price is likely to retrace.
📊 Market Structure
Market is forming lower highs in the intraday timeframe.
Liquidity has been collected at the top, increasing probability of downside continuation.
Clean imbalance below provides magnet for price.
🔻 Summary
Selling GBPUSD at 1.35535 with a 1:2 RR offers a clean, structured, and disciplined setup based on supply–demand + liquidity behavior.
Trade active
Entry price modfied at 1.35640 sl is 21 pips tp is 42+ pips.Note
trade is entered at required price which is 1.35640 Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.