This chart presents a textbook Market Maker 3-Level Drop structure on GBPAUD:
🔹 Level 1: Initial drop from peak with clear lower highs and structural shift.
🔹 Level 2: Strong bearish continuation with deeper pullbacks.
🔹 Level 3: Price slows down, forming a potential consolidation base—a common sign of accumulation by smart money.
🔮 Forecast Expectation:
We are now in the Level 3 consolidation zone, suggesting reversal potential.
Anticipate a false bullish rally toward the 2.08958 level.
The blue horizontal line marks a potential manipulation zone, where liquidity will be engineered before a major sell-off resumes.
Ideal short entry: After price sweeps liquidity at 2.08958 and shows signs of rejection.
📌 Entry Idea: Wait for engineered highs and enter on confirmation near 2.08958
🎯 Target: Retest of recent lows or deeper drop toward 2.07400
🛡️ Invalidation: Clean break and hold above 2.09200
🕰️ Timeframe: 1H
💼 Bias: Bearish after fake bullish rally
📍 Pair: GBPAUD
🔹 Level 1: Initial drop from peak with clear lower highs and structural shift.
🔹 Level 2: Strong bearish continuation with deeper pullbacks.
🔹 Level 3: Price slows down, forming a potential consolidation base—a common sign of accumulation by smart money.
🔮 Forecast Expectation:
We are now in the Level 3 consolidation zone, suggesting reversal potential.
Anticipate a false bullish rally toward the 2.08958 level.
The blue horizontal line marks a potential manipulation zone, where liquidity will be engineered before a major sell-off resumes.
Ideal short entry: After price sweeps liquidity at 2.08958 and shows signs of rejection.
📌 Entry Idea: Wait for engineered highs and enter on confirmation near 2.08958
🎯 Target: Retest of recent lows or deeper drop toward 2.07400
🛡️ Invalidation: Clean break and hold above 2.09200
🕰️ Timeframe: 1H
💼 Bias: Bearish after fake bullish rally
📍 Pair: GBPAUD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.