ULTIMATE GBPUSD H4 TRADE PLAN WITH SL AND TP BEARS 2500

2019-11-24 16:05:21

ULTIMATE GBPUSD H4 TRADE PLAN WITH SL AND TP BEARS 2500

HEY GUYS, HOW ARE YOU TODAY?

HOPE YOU LIKE WHAT I'VE BEEN SHARING PAST FEW WEEKS.
IF YOU WOULD LIKE TO GET MORE TRADE IDEAS AND SETUPS PLEASE UPVOTE AND GET SUBBED FOR THE LATEST UPDATES. THANK YOU.
LIVE UPDATES AND TRADE SETUPS WITH SL/TP ON MY FREE TELEGRAM CHANNEL @ASGCORP.

SO WITHOUT FURTHER DUE LET'S DIG INTO IT. GBPUSD H4 UPDATED AND OUTLOOK FOR THE NEXT 2-4 WEEKS.

ONCE AGAIN, PREEMPTIVE ANSWER TO THE QUESTION: WHY DO YOU KEEP ADJUSTING THE OUTLOOK?
FOREX IS A FAST-MOVING MARKET, THINGS NATURALLY CHANGE A LOT FASTER COMPARED TO STOCKS/CRYPTO.
UNLESS YOU ADJUST TO MARKET CONDITIONS YOU WON'T SURVIVE FOR LONG IN THIS MARKET.
HOPE THIS MAKES SENSE. THANK YOU.

KICK START REVIEW BY REALLY LOOKING AT GBPUSD DAILY. NOW WHAT WE GOT HERE LOOKS LIKE
A SETUP FROM THE PAST - I CALL IT 1/2/3/4/5 AND BYE BYE.
ALSO ON DAILY CLEAR PRICE/RSI DIV, WHICH IS A BIG SOW.

https://www.tradingview.com/x/i1fzFImc/

SO WHAT WE GOT ON H4 GBPUSD IS A CLASSIC WYCKOFF SETUP, WE GOT DISTRIBUTION AT THE TOP ON H4
AND THE BREAK DOWN IS PENDING. EXPECT A SUBSEQUENT THROWBACK INTO RANGE WITH A REJECTION NEAR MID RANGE,
WHICH IS A TYPICAL SOW. WHAT TO EXPECT NEXT? THROWBACK INTO RANGE.

ALSO ONE IMPORTANT NOTE. GBPUSD IS CORREL WITH EURJPY, SO FOR HINTS, LET'S ALSO LOOK AT EURJPY PRICE ACTION.

THIS GOES IN-LINE WITH MY ANALYSIS OF EURJPY H4 I'VE POSTED HERE, FEEL FREE TO REVIEW AS WEEL, HERE'S THE LINK.
https://www.tradingview.com/chart/EURJPY/EMRTWnEZ-BEST-EURJPY-H4-TRADE-PLAN-WITH-SL-AND-TP-BEARS-117-40/

GBPUSD H4 NO NONSENSE UPDATE AND CHECKLIST

-DISTRIBUTION AT THE TOP
-THROWBACK INTO RANGE PENDING
-HIGHLY CORREL WITH EURJPY
-PUMPED 1000 POINTS OFF THE LOWS NEAR 2000
-ON DAILY BEAR PATTERN WITH PRICE/RSI DIV
-BIG DUMP PENDING
-TARGET FOR BEARS IS 2500 NO LESS
-2 OPTIONS FOR TRADERS
-BUY FROM DEMAND ZONE - 2670//90
-BULLS TARGET 2880
-STOP LOSS BULLS 2630
-BEARS SELL FROM MID RANGE 2890
-STOP LOSS BEARS 2940
-TARGET BEARS 2500 (BIG DUMP).
-NEAR 2890 STOP LOSS 2940


MORE UPDATES?
SUB AND ADD AN UPVOTE

WHAT YOU GET
-DAILY UPDATES
-CLEAN CHARTS
-NO BS, NO MACD , RSI , MAs,FIBS.
-PURE PRICE ACTION
-NO MOONBOY BS AND FAKE AGENDAS
-SETUPS THAT ACTUALLY WORK
-NO CLICKBAIT
-NO LOONY TARGETS

ONCE AGAIN. THANK YOU FOR YOUR ATTENTION. STAY TUNED AND LET'S MAKE SOME MONEY. ASGCORP.
PS: IF YOU WOULD LIKE TO RECEIVE LIVE UPDATES ON ALL MY TRADE SETUPS, PLEASE JOIN MY FREE CHANNEL @ASGCORP.:

SOME QUICK Q&A:

Q: WHY SHOULD I SUB TO YOU ON TRADINGVIEW?
A: YOU GET FRESH NO NONSENSE IDEAS IN FX AND CRYPTO EVERY WEEK
WITH FREQUENT UPDATES AND CLEAN MARK UP ON THE CHART WITH SL/TP.

Q: WHO ARE YOU? YOU GOT ANY TRACKRECORD IN TRADING?
A: I GOT 15+ YEARS OF EXPERIENCE TRADING FX,OPTIONS, EQUITIES AND CRYPTO.

Q: YOU GOT ANY TRACKRECORD?
A: YES. I DO POST FREQUENT REVIEWS OF MY BEFORE/AFTER.

Q: WHY SHOULD I FOLLOW YOUR TELEGRAM CHANNEL?
A: BECAUSE YOU GET ALL THE LIVE UPDATES AND MY LIVE ENTRIES WITH SL/TP.
I CAN'T UPDATE THEM IN REAL-TIME ON TRADINGVIEW.

Q: WHAT'S A SOW ANYWAY?
A: SIGN OF WEAKNESS.

Q: OK. FINAL QUESTION. WHO DO YOU LIKE BETTER. US SPECIAL FORCES OR CJNG?
A: CJNG. LOL.