EUR/USD - GBP/USD -- Clean Price Action(no indicators)

Quoting Riziq-Cap

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DXY daily turned green and GBP is going as expected. Now we need NWOG(new week opening gap) to turn into resistance, by first breaking through it, than either re-test from a bearish point of view or just dump towards the triple bottom(first TP) {image} (1H GBP)

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Quoting Jewel1996

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{quote} I was expecting liquidity sweep of the high at London open. So its seems i have missed the train. Or have I?{image}

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Quoting Riziq-Cap

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{quote} I cant tell you what to do or not to do, because I dont wanna be responsible for the outcome. But this is an issue i struggled long time with, chasing perfect entries, absolute tops/bottoms - often I was left and price ran from me. - Sometime you are lucky and price do in fact swipe the top/bottom, but when its sensitive, they often dont. I just show my analysis and show my position to prove I do in fact trade my own analysis, not just writing BS, like many do.

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Quoting Jewel1996

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{quote} Its perfectly okay to miss trades. The market will always be here. Will see what the London open play tomorrow will look like. Thank you for your time

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Quoting Riziq-Cap

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{quote} If we spend the day around this area until daily close, Monday high will be taken.

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Quoting Jewel1996

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{quote} In that case, should we expect a liquidity grab or a break out of Monday high?

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Quoting Riziq-Cap

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{quote} My bias is bearish until we at least clear the triple bottom and preferably, the double bottom mentioned earlier, further down. Depends how the daily close, after I will consider if its probable we sweep Monday high or not.

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Quoting Mitiblotch

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{quote} More likely than not that Monday high is taken in my humble opinion. London didn't touch that high yet, but broke the low and closed the gap hence it should rise and take the top.

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Quoting Riziq-Cap

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Euro closed red, GBP green, but closed swing failure pattern(wick over 75% compared to body) 1.5h until DXY closes, if it somehow it takes out NY open high, it would cement the short on opposing pairs. Watching what will happen to NWOG(new week opening gap) on all 3 tickers, we need Fiber and Cable to flip it into resistance, while DXY flip it into support

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Quoting Jewel1996

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{quote} I was expecting liquidity sweep of the high at London open. So its seems i have missed the train. Or have I?{image}

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Quoting Jewel1996

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{quote} Tough trade. Meanwhile my entries could have been better. classical FOMO. It is what it is. {image}

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Quoting Riziq-Cap

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{quote} If it makes you feel better, my trade was positive 500e+, not once, twice and I havent tped not even a small partial! lol I am confident short is the right play in terms of orderflow. Sometime we get this type of price action, with my luck, the week I changed from Euro to GBP, GBP started acting up, while Euro slumping...

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Quoting Zeiferz

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{quote} i am targeting 1.3445 for GU pure based on 4hrs support turn resistance. but its seem like the bullish sentiment is strong. 4hrs CHOCH and fib retracement at 0.618 with price current moving up to its current position. Kinda stress about my position

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