thewiz03

GBPUSD: A SHORT TRADE POST MARKET MOVE ANALYSIS

FX:GBPUSD   Livre sterling / Dollar américain
the 1 hr time frame: the price has been making aggresive lower lows and lower highs. it has been taking sellside liquidity with a lot of fvg. So i just followed the trend and anticipated the price to make further lowers lows and hunt further sellside liquidity on the downside

the 15 min tf: the price made a short term higher high and higher low and then hunted a few buyside liqudity. the price then suddenly trapped the buyers when then bought around the previous high and clear liquidity sweep was done. as soon as the 1 min price action made a bearish choch i made the entry and targeted the equilibrium of the whole upside 15 min move and the target had been hit
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