GBPUSD: Expanding Profit Opportunities Amidst Bullish Momentum!
Updated
Greetings Traders,
In recent times, I've observed a consistent bullish momentum driving GBPUSD towards the H4 Premium buy stops and, ultimately, the Weekly bearish order block. As we commence this week, the confluence for these bullish objectives remains intact. Presently, GBPUSD is experiencing a temporary bullish institutional order flow, reinforcing our anticipation of reaching these key points.
My strategy involves monitoring the H1 bullish order block for a confirmation entry to align with this bullish trajectory. The order block remains valid even if wicks go through it.
Continuing Last Weeks Analysis:
Best Regards,
The_Architect
In recent times, I've observed a consistent bullish momentum driving GBPUSD towards the H4 Premium buy stops and, ultimately, the Weekly bearish order block. As we commence this week, the confluence for these bullish objectives remains intact. Presently, GBPUSD is experiencing a temporary bullish institutional order flow, reinforcing our anticipation of reaching these key points.
My strategy involves monitoring the H1 bullish order block for a confirmation entry to align with this bullish trajectory. The order block remains valid even if wicks go through it.
Continuing Last Weeks Analysis:
Best Regards,
The_Architect
Trade closed: stop reached
Stop Loss Hit.Refer:
Kind Regards,
The_Architect
Note
I am still seeing the possibility of price drawing towards the H4 premium buy stops. It is possible that we are just taking the sell stops to continue the bullish draw.Refer:
Best Regards,
The_Architect
Trade closed: stop reached
My trading resulted in a losing day today, we may start to see price pushing for the downside seeing that DXY is currently pushing out of the consolidation.Refer:
Best Regards,
The_Architect
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