GBP/USD 15M - This is the last pair I am looking at trading this week. As you can see from my screenshot I am wanting to sell into this market and I believe we will be delivered with confluence to sell.
We have recently had price tap into my Supply zone and deliver us with a good sense of bearish strength, what I want now is for price to break structure to the downside to give us the confirmation and then present us with a pullback so we can get a refined entry.
From there we can then look to trail price lower into my higher TF Demand zone where I feel price will then go bullish from longer term. We have recently been delivered with the confirmation that price is now bullish on the extreme timeframes as its putting in its corrective wave so we should be looking for buy positions from valid Demand zones LONGER TERM.
We have recently had price tap into my Supply zone and deliver us with a good sense of bearish strength, what I want now is for price to break structure to the downside to give us the confirmation and then present us with a pullback so we can get a refined entry.
From there we can then look to trail price lower into my higher TF Demand zone where I feel price will then go bullish from longer term. We have recently been delivered with the confirmation that price is now bullish on the extreme timeframes as its putting in its corrective wave so we should be looking for buy positions from valid Demand zones LONGER TERM.