$GP is showing continued weakness with the market still under clear bearish control.
The decline has pushed price into a negative momentum phase, and buyers need a strong reclaim to change the outlook. Until then, rallies remain vulnerable to rejection.
EP
0.00990 - 0.01010
TP
TP1 0.00910
TP2 0.00840
TP3 0.00750
SL
0.01055
GP's current structure suggests that liquidity below the recent lows remains a potential downside magnet. Rather than entering after the selloff, the setup waits for a move back toward nearby resistance. If that recovery fails and sellers regain momentum, the market could continue its broader downward sequence. The trade has a defined edge because risk is controlled above the supply zone, while the targets follow the existing bearish direction.
Let's go $GPS
#BankOfKoreaHikesRatesTo3%
The decline has pushed price into a negative momentum phase, and buyers need a strong reclaim to change the outlook. Until then, rallies remain vulnerable to rejection.
EP
0.00990 - 0.01010
TP
TP1 0.00910
TP2 0.00840
TP3 0.00750
SL
0.01055
GP's current structure suggests that liquidity below the recent lows remains a potential downside magnet. Rather than entering after the selloff, the setup waits for a move back toward nearby resistance. If that recovery fails and sellers regain momentum, the market could continue its broader downward sequence. The trade has a defined edge because risk is controlled above the supply zone, while the targets follow the existing bearish direction.
Let's go $GPS
#BankOfKoreaHikesRatesTo3%