GBPUSD: A CLEAR INSTITUTIONAL PLAY
1 HOUR TIME FRAME PRICE ACTION:
1. the market has been making lower lows and lower highs
what does it indicate - Downtrend
2. how has the price been making lower lows and lower highs ? - With huge imbalances and fair value gaps(both are same)
3. what does the above two indicate? The institutions and the smart money has been selling
4. So what are we going to do? Follow the trend and follow the smart money footprint as a retailer to make money along with them
5. Where do we enter? - We enter in the orderblock after a change of character in the 15 min time frame for confirmation - safe entry
Risk entry: just enter in the order block
Knowledge is wealth!
The Wilson Law, named after its proponent, Robert Wilson, is grounded in the belief that knowledge and intelligence are powerful drivers of wealth accumulation.
HERE WE PROVIDE KNOWLEDGE, VALUE AND EDUCATION!
VitalismTraders
1. the market has been making lower lows and lower highs
what does it indicate - Downtrend
2. how has the price been making lower lows and lower highs ? - With huge imbalances and fair value gaps(both are same)
3. what does the above two indicate? The institutions and the smart money has been selling
4. So what are we going to do? Follow the trend and follow the smart money footprint as a retailer to make money along with them
5. Where do we enter? - We enter in the orderblock after a change of character in the 15 min time frame for confirmation - safe entry
Risk entry: just enter in the order block
Knowledge is wealth!
The Wilson Law, named after its proponent, Robert Wilson, is grounded in the belief that knowledge and intelligence are powerful drivers of wealth accumulation.
HERE WE PROVIDE KNOWLEDGE, VALUE AND EDUCATION!
VitalismTraders
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