GBPUSD: Supply Gap (FVG) 💣
My bias has shifted significantly since last night, price rejected the fresh demand and pushed all the way back to the weakened supply.
Due to the fact the supply has now been utilised 5 times without any successful pushes to the downside, I believe it is time for the zone to break to the upside.
We have two options, we can either wait and see if price returns to the fresh demand so we can buy OR we wait for the liquidity grab of the supply to locate a sell into 1.22500.
I would love to see what you guys think in the comment section below ⬇️
Due to the fact the supply has now been utilised 5 times without any successful pushes to the downside, I believe it is time for the zone to break to the upside.
We have two options, we can either wait and see if price returns to the fresh demand so we can buy OR we wait for the liquidity grab of the supply to locate a sell into 1.22500.
I would love to see what you guys think in the comment section below ⬇️
Related publications
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.