Hello Everyone,
Above is anlaysis for the GBPUSD l believe there to be a good long opportunity approaching.
Current market price appears to be breaking LTF lows (liquidity sweep), below that area are two strong confluences that aid the opinion of a long postion. Firstly, a tested orderblock and secondly, a FVG just below. Using this high area of supply we can look to place our entry point just above the FVG.
SL is placed below the 50% level of the FVG with TP being Daily Highs.
Looking to place a Buy limit order with about 20 pip SL and TP of 80
Different trade layout than normal trying out a few different things lately, comment thoughts below and LETS CATCH THOSE PIPPSSSSS
Above is anlaysis for the GBPUSD l believe there to be a good long opportunity approaching.
Current market price appears to be breaking LTF lows (liquidity sweep), below that area are two strong confluences that aid the opinion of a long postion. Firstly, a tested orderblock and secondly, a FVG just below. Using this high area of supply we can look to place our entry point just above the FVG.
SL is placed below the 50% level of the FVG with TP being Daily Highs.
Looking to place a Buy limit order with about 20 pip SL and TP of 80
Different trade layout than normal trying out a few different things lately, comment thoughts below and LETS CATCH THOSE PIPPSSSSS