BodiesXWix

$GBPUSD Monthly high is in, price action Dropping TIL Q3

Short
BodiesXWix Mis à jour   
OANDA:GBPUSD   Livre sterling / Dollar américain


When Practicing SMC* Smart Money Concepts, look at the big picture first. Which is charted Below

  1. 4 hour

  2. 1 day


The commercial traders expecting it to go longer this week already got their wish.

The asian range suggest that the new york opening price will have a bullish run into the London session, after that we should see it drop to 1.26 by the end of the week due to the breaker that has not been fully submersed in price and has not touched the bottom. And later within just a few weeks, we can see the fair value gaps in the 4 hr and daily. No Weekly Fair Value Gap BUT, there are a few long weeks in breakers and rebalance redelivers to watch out flr that are lower in price. I think we've hit the peak monthly already. By weekend it could be below 1.26, by a few weeks we should be below 1.25125 in my opinion on smart money. It'll strike under the Fair Value Gap OR BREAKER but not get stuck. and eventually in June we'll see the Bull Run.

indicators:
Williams % R says oversold on high time frame
ATR slowly going down
AND CoT anticipating high, it got it, I don't think it's going back up or the net high would have bigger numbers.

Just my Opinion on how I'm reading this price action, what say ye?

My Ultimate 3-4 week prediction due to the nqture of the pri GBPUSD ce action


Good Luck!

"If you have no stop loss,, you've lost yer brain
Trade fermée: cible de profit atteinte:
Target reached much earlier than expected. Looking at the next opportunity

You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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