GBP/AUD Bullish Orderblock setup
Looking for price to cleanly break above that resistance and grab topside liquidity and then for price to retrace and break below the trend line and sweep the bottom-side liquidity, tap into that bullish OB and continue the bullish trend, OB is pretty clean nicely engulfed, There is also clearly a bullish price imbalance which means price has to retrace to fill that level, as the market moves cyclically we cannot only have buyers in the market.
OB is refined to 15Min, drop down to 1Min once price taps into the htf OB level, and look for price to start breaking structure to the upside and forming a new OB at that level, OB is only confirmed once you go up to 2min or 3min and it clearly shows that the candle has been engulfed and broken structure
Should get a sniper entry of this
OB is refined to 15Min, drop down to 1Min once price taps into the htf OB level, and look for price to start breaking structure to the upside and forming a new OB at that level, OB is only confirmed once you go up to 2min or 3min and it clearly shows that the candle has been engulfed and broken structure
Should get a sniper entry of this
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