Marenno

GBPUSD SHORT ENTRY LEVELS, EURO SESSION ONLY

Short
FX:GBPUSD   British Pound / U.S. Dollar
76.9% bearish, considering multi timeframe price action factors

Estimated price fluctuation at time of report (+1Hr) 0.23%
Volume Put/Call ratio 1.39
OI Put/Call ratio 0.82
Average Put/Call Ratio 1.11









How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
1&2 period patterns:
1D Bearish Pattern, 1M Bearish Pattern

The pattern is valid till the end of it's period.

NR (Narrow range), WR (Wide range) :
1H NR4; 1D WR4; 1W NR4; 1W NR7; 1H NR7;



















Volume and open interest levels:
Option level R4 1.29633
Option level R3 1.29083
Option level R2 1.28903
Option level R1 1.28573
Option level S1 1.28073
Option level S2 1.28073
Option level S3 1.27813
Option level S4 1.27493

Session (current session only) levels:
r3 1.29339
r2 1.29030
r1 1.28720
p 1.28440
s1 1.28130
s2 1.27850
s3 1.27540

I really hope that sharing of my routine with you, will help you in your trading.







A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.

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