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Breakofstructure

GBPUSDHi there, hope ya'll doing good out there. There is probably a pull back now on GBPUSD 4H tf before it goes bearish in order to mitigate the imbalance from the past month. As a learner of SMC there is an obvious OB on the left which makes a perfect sense for it to be bearish and on the daily tf for the current momentum is bearish too. My target for an entry is at the dotted black line which is 50% of the candlestick. Lets see how the market will react to the OB. If you have any ideas or suggestions, feel free to leave down a comment. Its great to know one another if we're trading on the same concept. Please take trade with care, I'm not a financial advisor.
Short
by Student_of_Forex
CADJPY(update)I've closed up my short trade on CADJPY on the 4H as price had broke off the monthly trend line, as a smart money concept learner, probability for the break of structure is happening. As we all know Cad pairs has a positive correlation with Crude oil. Bias is all on the bulls at this moment. Will be taking a Long trade after a pullback and see how it goes by the end of this week. I'm not a financial advisor, I'm just a learner of SMC and still learning about market structure. If you're taking this trade, please use proper mm. Trade with care. If there are any idea based on CADJPY, please do drop a comment, let's all discuss it and share some ideas together.
Long
by Student_of_Forex
Viewing Break of Market Structures as Broken ExpectationsBreak of expectations is a perspective from which I look at market moves a lot of the time. Broken expectations manifest in the form of broken structures. It's the same thing, but just another way of looking at such moves which makes the liquidity story a bit clearer thereby inducing more confidence in taking trades off these zones. Obvious trend continuation zones, when broken, catch many a trader offside. These make for high probability trade locations (for trades in the opposite direction).
Education
by the_MarketWhisperer
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