GPTUSD: Bears Still in Control β€” Retracement or Another Drop Ahe

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GPTUSD: Bears Still in Control β€” Retracement or Another Drop AheGBP/USDOANDA:GBPUSDparisa_tlGPTUSD Analysis – Tuesday, November 12 Welcome traders! πŸ‘‹ I’m glad to have you here β€” we’re all learning and growing together in this amazing trading journey. Let’s dive into today’s analysis on GPTUSD πŸ‘‡ GPTUSD remains bearish on the weekly and daily timeframes, showing strong downside structure and continuation momentum. However, on the 4-hour timeframe, the market is currently in a retracement phase, which could provide short-term opportunities before the next impulse move. For today, I’m watching two possible scenarios: πŸ”Ή Scenario 1: Price sweeps the liquidity above and then starts the bearish continuation, aligning with the higher timeframe trend. πŸ”Ή Scenario 2: Price moves toward the Obstacle (OBS), gives confirmation on lower timeframes, and then pushes up to the POI before turning bearish again. ⚠️ Remember, the main trend is still bearish, so avoid chasing buys without confirmation. Wait for clear structure shifts or 3-candle confirmations before entering. Always apply risk management, stay alert for high-impact news, and trade with discipline. πŸ“˜ Educational Note: This analysis is for educational and illustrative purposes only. Always follow your own plan, confirm with your strategy, and manage risk carefully. Success in trading comes from discipline, patience, and consistency. πŸ’ͺ πŸš€ Empowering traders through clarity, confidence & clean charts. Follow πŸ‘‰ parisa_tl for more SMC setups and weekly insights πŸ’™ #GPTUSD #ForexAnalysis #SmartMoneyConcepts #Liquidity #PriceAction #OrderBlock #POI #MarketStructure #Retracement #BearishTrend #SMCTrading #FXSetups #ForexCommunity #FXTrader #RiskManagement #ForexEducation #CleanCharts #parisa_tl #Discipline #TradingView