Pound Down Under: Will the FVG Hold or Flip? - GBPAUD
The GBPAUD chart showcases intriguing price action with a potential bearish setup. Following the raid on higher time frame (HTF) buyside liquidity (weekly), price has displaced lower, signaling a short-term bearish bias.
On the daily timeframe, price has formed a high-probability FVG after raiding a short-term low. This FVG becomes a key level to watch:
-Scenario 1: If price respects the FVG, expect continuation to the downside, targeting sell-side liquidity levels at 1.98994 and 1.97929.
-Scenario 2: If the FVG is disrespected and used as an Inverse Fair Value Gap (IFVG), anticipate a bullish reversal, potentially pushing price higher.
Conclusion:
Short-term bearish bias targeting sell-side liquidity zones.
Monitor the FVG closely for confirmation or invalidation.
DYOR!
On the daily timeframe, price has formed a high-probability FVG after raiding a short-term low. This FVG becomes a key level to watch:
-Scenario 1: If price respects the FVG, expect continuation to the downside, targeting sell-side liquidity levels at 1.98994 and 1.97929.
-Scenario 2: If the FVG is disrespected and used as an Inverse Fair Value Gap (IFVG), anticipate a bullish reversal, potentially pushing price higher.
Conclusion:
Short-term bearish bias targeting sell-side liquidity zones.
Monitor the FVG closely for confirmation or invalidation.
DYOR!
İşlem elle kapatılmış
closed trade, can see price respecting HTF FVG
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.