Back to all Ideas

MID MONTH REVERSAL – BEAR TRAPS – HL forming

by Kymier F, November 21, 2021

GBP/USD H1 MARKET PROFILE

by Kymier Fraizer November 21, 2021

3
Share

GBP/USD

|

Long

|

H1

Timeframe:

H1

Analysis Method:

MARKET PROFILE

Analysis:

We have exhausted the 3x ADR
We are at the bottom of previous monthly value, this should call for a reversal giving that price has multiple W forming.

If we break last week control point we will looking to take profit at the monthly open.

Risk Management:

2:4

Things To Watch For:

Stop hunt low – buy the bottoms of second legs.

LEAVE YOUR COMMENT HERE:

View previous comments

DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Your message is underway!

You will be hearing from us shortly