GBP/USD Higher time frame anaysis Based on the higher time BIAS.British Pound/US DollarFX:GBPUSDrehmanjb📈 Top-Down Analysis: Finding the Bearish Entry Higher Timeframe (HTF) Directional Bias (12-Month, 4-Month, 1-Month) Analysis: The 12-Month , 4-Month , and 1-Month charts all show a clear, multi-decade bearish market structure. The price has consistently made lower highs (LH) and lower lows (LL) since the 2007 peak. The Plan: The primary strategy is to identify the last major bearish expansion (the move from the 2021 high to the 2022 low) and wait for price to pull back into its Fibonacci "kill zone" (71%-88.6%). HTF Kill Zone: This high-probability reversal zone is identified between $1.3120 and $1.3800. HTF Target: The ultimate downside target is the massive liquidity pool at the 1985/2022 equal lows, around $1.0350 - $1.0500. Mid-Timeframe (MTF) Confirmation (1-Week, 1-Day) Analysis: The 1-Week and 1-Day charts show "The Plan" has now triggered. The Event (1W): The 1-Week chart shows price recently wicked up to $1.3140, tapping perfectly into the 71% level of the HTF "kill zone". This wick acts as the manipulation candle that captured buy-side liquidity. The Rejection (1D): The 1-Day chart confirms this by printing a strong bearish rejection candle immediately after hitting the $1.3140 level, showing strong bearish intent and confirming the reversal. Lower Timeframe (LTF) "Sniper" Entry (4-Hour) Analysis: Now that the HTF bearish move is confirmed, we drill down to the 4-Hour chart to find a precise, refined entry. Confirmation (BOS): Following the rejection from the HTF kill zone, the 4H chart shows a strong impulsive move down. This move broke the previous swing low, creating a bearish Break of Structure (BOS) and confirming the 4H trend is now aligned with the HTF trend. Refined Entry Plan: We now draw a new Fibonacci retracement on this latest 4H bearish expansion (from the Oct 23rd high at ~$1.3400 down to the Nov 2nd low at ~$1.3120). 4H "Kill Zone" (Sniper Entry): This gives us a new, refined "kill zone" between $1.3320 and $1.3370. This is the high-probability "sniper entry" area to join the established bearish move. 📉 Profitable Scenario Summary (4H Refined Entry) Directional Bias: Bearish , based on the higher timeframe trend and confirmed by the 4H break of structure. Entry Trigger: A short (sell) setup. The trigger is a price pullback into the 4H Fibonacci "kill zone" ($1.3320 - $1.3370) , which is the 71%-88.6% retracement of the most recent 4H bearish expansion. Entry Point: Approximately $1.3320 - $1.3370 Initial Stop Loss: $1.3410 (Placed just above the Oct 23rd high that started the 4H expansion) Targets: TP1 (Aggressive): $1.3120 (Targeting the recent 4H low) TP2 (Conservative/Extended): $1.0350 (Targeting the major Daily/Weekly liquidity pool) Risk Management: Risk 1-2% per trade. Move stop loss to breakeven after a clear break of structure (a new lower low is created below $1.3120). Would you like me to analyze the potential impact of the upcoming news events on this specific 4H trade setup?