20231215 Premarket Prep GBPNZD

⇧ Detailed Trad­ing Plan for Lon­don Ses­sion with HYPOS out­lined with­in link ⇧

#Fin­twit #GBPNZD #VWAP #Kelt­ner #Forex #Mar­ket­Pro­file #Order­flow

This is my pre­mar­ket prep for today’s Euro­pean ses­sion for GBPNZD. This prep builds off of my week­ly trade plan I made here:

GBPNZD 2023 Week 50 Trad­ing Plan

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The pur­pose of a pre­mar­ket prep is to find setups with­in my week­ly trade plan bias

Nar­ra­tive

D1

Price closed high­er as an Invert­ed Bull­ish Hammer

D1 QLo reject­ed, price mid swing

H4

H4 con­sol­i­da­tion above H4 UKC DT

Trend

Trend is UP 3/3

Mar­ket Profile

Val­ue cre­at­ed above the pre­vi­ous, above over­all range

LN Open

With­in Value

Prev. Day Exceed­ed ADR — No

Asia trad­ed — higher

IBR — Wide

Addi­tion­al Notes

N.A.

Hypo 1

Long

Rever­sal — Pos­si­ble Failed Auction

Hypo 2

Short

Weak­ness From With­in IBR 

Hypo 3

Short

Sus­tained Auc­tion / VAA

Clar­i­ty / Con­fi­dence (1 — 5, low to high)

2

Mind­ful Trad­ing (1–5 Bad to Good)

1

Don’t know what all the abbre­vi­a­tions are? Check out my lexicon:

Lex­i­con

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Check me out on oth­er plat­forms as well:

• Twit­ter
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