Next Week Outlook For Potential Short Opportunity

GBPUSD

Same Process The MAEST Formula, Base on Topdown Analysis
#1 = MARKET STRUCTURE ( Potential Distribution Stage, on the 1D-TF )
#2 = AREA OF VALUE ( Price is at previous area of support turned resistance on the 3 most high TF, M W D )
#3 = ENTRY TRIGGER ( Double top chart pattern on W-TF and bearish engulfing candles on the W-TF,
follow by a tight build up in to daily support and a daily bearish engulfing candle forming. )
#4 = STOP LOSS ( You can set your SL 20 to 25pips above daily structure highs or 1ATR above it )
#5 = TAKE PROFIT ( have a target profit at the nearest previous swing lows, but in this trade I have a way
to calculate my potential target 🎯 by calculating the accumulated pips and add it to my target area

So final criteria I will want to see is, if price can close below 1.37500 level and sustaine below it follow
by a 4H engulfing candle close below the potentail breakout lows that will be formed, then I'm all convinced
to go SHORT.

Your HomeBoy
01Kim's fX