Trading GBP/USD

The market isn’t respecting my analysis for now. It’s better I wait for the month to close.

I will be looking at taking a long trade the moment this engineered liquidity is swept on 4hrs timeframe.

When the 4hrs liquidity is swept, I will head straight to 1hr or 30min and look for a breakout to the upside. When I see that , I can confidently enter a buy trade.

The low has been swept, we can now expect buys to the upside to take out the high marked.

The liquidity has been swept, we have to wait for a breakout to the upside on 1hr or 30min timeframe.

Looks great so you will be lookoing to buy

yes, i will be looking for a buy. i need to see a breakout on the 1hr or 30min timeframe to be sure of the buys.

The liquidity has actually been swept on 4hrs but unfortunately i haven't seen a breakout on the 1hr or 30min timeframe. In otherwards, i will just keep an eye on what the market wants to do.

we are still bullish though on this pair.

can we see the 30 min timeframe showing yor expectations? tnx

Nothing is showing yet on the 30min or 1hr timeframe.

A break above that zone with a full body candle will give me enough confidence to buy.

We just had a break above that zone with a full body candle. I will wait for the current 4hrs candle to close before opening a buy position.

But you said a close above the level will be a buy so why wait another 4 hours again? 4 hours is a lot of time to wait for a day trader

because when you wait 4 to 8 hours for a trade, it means when you finally execute it, you should let it run for the same amount of time.

I need to wait for the 4hr candle to close, it gives me More confidence to take the trade.

The truth is based on my experience of how I trade this system, I easily get a 1:3RR on a daily basis as long as the system presents itself

I entered a buy trade with a 16pips stoploss

Trade execution.

We are up 17pips for this trade. You can breakeven your trades.

Okay you mean you bought at this dotted line?