GBPUSD: Trapped Sellers Everywhere 🐻

After analysing the volume and delta profile, it seems that a large number of sellers are found trapped down the chart where we have had previous fake breakouts.

Now that we are in a major supply, it is likely to see some of these bullish moves being corrected.

I will be waiting for a liquidity grab of the equal highs created within the supply, followed by a shift in the structure before I join the sellers.

Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬

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Commentaire:

No BOS, No trade.