Currently, the Institutional Order Flow on GBPUSD remains bearish, indicating a continued pursuit of premium trading points such as the H1 Bearish Order Block. Smart Money is likely to engage in selling at these levels to capitalize on price movement towards discount prices.
My anticipation revolves around the mitigation of the H1 Bearish Order Block, representing Smart Money's final institutional buying within the market. Upon confirmation, I'll seek an entry to target the Daily Bullish Order Block, serving as my Draw On Liquidity. Additionally, there's a H1 Liquidity Void that I expect the market to fill before considering any selling actions.
I remain adaptive to market dynamics and will adjust my approach accordingly.
Kind Regards,
The_Architect
My anticipation revolves around the mitigation of the H1 Bearish Order Block, representing Smart Money's final institutional buying within the market. Upon confirmation, I'll seek an entry to target the Daily Bullish Order Block, serving as my Draw On Liquidity. Additionally, there's a H1 Liquidity Void that I expect the market to fill before considering any selling actions.
I remain adaptive to market dynamics and will adjust my approach accordingly.
Kind Regards,
The_Architect
Note
It appears that price entered a Re-Accumulation Phase today, that is the reason why the deep Premium Pull Back did not occur. We may start seeing the expansion lower drawing to the Daily Bullish Order Block.Refer:
Kind Regards,
The_Architect
Trade closed: target reached
TP Hit= 8R TargetConfirmation Entry: m15 Bearish Order Block Entry
Comment: Although the draw was the Daily Bullish Order Block, I use the FVG aligned with it and targeted it instead because I saw a deeper draw towards it.
Stay tuned for an in depth analysis of the trade.
Refer:
Kind Regards,
The_Architect
Note
Potential Short Term Bullish move as to reach m15 Order Block. Confirmation: SMT Divergence (High Probability Trading Environment)
Refer:
Kind Regards,
The_Architect
Trade closed: target reached
TP Hit= 3R TargetConfirmation Entry: 2min MSS and FVG Entry
Comment: The target was to fill the m15 Order Block.
Refer:
Kind Regards,
The_Architect
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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.