Price of the GBPUSD have been on a donwtrend on for 4 straight weeks and it have seeked all the sellside Liquidity that it can take
After expansion the next profile we can expect is the consolidation or the Retracement.
Price have shown that it want to retrace to the upside based on the SMT divergence with EURUSD and then broke to the upside to confirm the Bullish stance of GBPUSD
I want to see a reaction from the 4hr FVG to take out the Buyside Liquidity above market price levels
After expansion the next profile we can expect is the consolidation or the Retracement.
Price have shown that it want to retrace to the upside based on the SMT divergence with EURUSD and then broke to the upside to confirm the Bullish stance of GBPUSD
I want to see a reaction from the 4hr FVG to take out the Buyside Liquidity above market price levels
Trade closed: target reached
First Buyside target reachedCan the second Buyside Liquidity be taken out?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.