gbpusd
Diupdate
GPB USD ANALYSIS IDEA, WAIT TO SEE HOW IT PLAYS OUT - NARRATIVE COULD CHANGE
TRADE AT YOUR OWN RISK
Price broke up obvious resistance around 1.245, price action has respected over all order flow continuing the uptrend - but side liquidity resting at 1.257.
Scenario 1, expecting buy side liquidity to remain around 1.257 and market to drop off back and retest 1.245 zone, expecting support and resistance traders to enter at that level, expecting price to push up. Also there's a 1 hr order block situated within 1.245 zone, expecting smt traders to buy continuing the uptrend.
Below at 1.24396 inducement has formed as an area for smt to traders to enter the market, expecting them to place stop losses below this zone. Expecting smt traders, support and resistance traders to be stopped out as they've entered the market to early for buys.
Trade entry below, around 1.24 daily bullish order block formed as well as 15mins order block, price tested previous order block from 9th of November around 1.23 around middle of April and left this order block behind.
Expecting price to push into daily bullish order block and carry upwards either till buy side liquidity or bearish order block situated above.
Komentar
Buys side liquidity to be swept before selling off to 1.245 zoneKomentar
Price has reached key support level of 1.245 expecting price to respect this level before it gets manipulated into order block below, then we look for longs
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.