Market Analysis

Gold is reversing from demand but I will have to reassess it again just feeling bad about my free trial account, It was breached due to best trading day rule

Another GBPUSD sell setup

GBPUSD is giving me the retracement I was waiting for. After the bearish BOS, price has pulled back toward the supply area.

I'm looking for sells from 1.32582.

Entry: 1.32582

SL: 1.32667

TP: 1.31933

The bearish structure on GBPUSD remains interesting.

We had a BOS to the downside, followed by a retracement back into the area where sellers previously stepped in.

I don't want to chase the move lower.

I want the retracement entry.

GBPUSD SELL PLAN

Entry: 1.32582

SL: 1.32667

TP: 1.31933

Risk: ~8.5 pips

Potential reward: ~64.9 pips

That's roughly 7.6R potential.

Price is currently around 1.32467, just below my sell level.

The important area is 1.32582–1.32667.

If price retraces into that zone and rejects, the bearish continuation remains my setup.

My GBPUSD thesis is simple:

Bearish BOS → retracement → supply → continuation lower.

The recent sell-side move created the displacement.

Now I'm waiting for price to return into the premium/supply area before looking for continuation.

I have a very defined invalidation on this GBPUSD setup.

Above 1.32667 = setup invalidated.

If price takes that level, I don't move the stop just to keep the idea alive.

The setup either works or it doesn't.

The target is the liquidity sitting around the recent lows.

TP: 1.31933

If bearish displacement accelerates and price breaks through the target with momentum, I can reassess for an extended move.

But the initial objective remains 1.31933.

GBPUSD is currently showing the reaction I want to monitor after the recent sell-off.

I'm not predicting every candle.

I'm simply waiting for price to respect my POI and deliver toward the downside liquidity.

Entry: 1.32582

SL: 1.32667

TP: 1.31933

One thing I won't do:

Chase GBPUSD after the move has already started.

My level is already defined.

If price comes to 1.32582, I execute according to my confirmation rules.

If it doesn't, I let it go.

No forcing trades.

GBPUSD SHORT SETUP

Entry: 1.32582

SL: 1.32667

TP: 1.31933

R:R: ~7.6R

The narrative:

BOS → retracement into supply → sell → target recent sell-side liquidity.

Now it's just execution and risk management.

I have a buy setup for Gbpusd

Price didn't trigger my entry, so I had to enter manually, putting my SL and TP

Why I decided to take the buy trade after price might have retrace to the 5min order block it rejected with a bullish engulfing candle, so after the closure of that candle I knew price won't come to my original entry so I entered manually and set my SL and tp

Price just triggered on my both entries holding them until tp

I got stopped out on this trade

How did this go

Price was bearish on the 15 mins

Yeah but I recovered on audnzd but with my Goatfunded account

That's good

Price didn't give me confirmation for the buy setup I had earlier with Entry:1.3230 and SL: 1.3200, but I'm still looking out for buys, because price is still at a key support region.