GBPUSD - long
GBPUSD looks bullish overall. Having tested a previous higher timeframe order block and rejecting it is now retracing.
Currently it is in a 4H OB which I would like to see hold. If it does hold I'll look to enter a long.
Basis for trade entry:
1. 4H OB does not get broken
2. Price begins to show strength and breaks out of OB to the upside
3. 15m CHoCH of a recent significant high that made a new low or double bottom
Currently it is in a 4H OB which I would like to see hold. If it does hold I'll look to enter a long.
Basis for trade entry:
1. 4H OB does not get broken
2. Price begins to show strength and breaks out of OB to the upside
3. 15m CHoCH of a recent significant high that made a new low or double bottom
I am...inevitable.
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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.
I am...inevitable.
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.