GBPUSD: Constructing a Potential Sell Scenario
Updated
Yesterday, GBPUSD witnessed a resurgence in its Bearish Institutional Order Flow, signaling an objective to reach the Daily Order Block, identified as my Draw On Liquidity for the day.
Currently, I foresee a retracement back towards a premium m15 inducement order block. Notably, there are Buy Stops positioned below it, potentially utilized by Smart Money to pair their shorts. Additionally, I anticipate the market to fill the Liquidity Void present.
I plan to enter a confirmation within the Order Block. Stay tuned for an educational video analysis.
Kind Regards,
The_Architect
Currently, I foresee a retracement back towards a premium m15 inducement order block. Notably, there are Buy Stops positioned below it, potentially utilized by Smart Money to pair their shorts. Additionally, I anticipate the market to fill the Liquidity Void present.
I plan to enter a confirmation within the Order Block. Stay tuned for an educational video analysis.
Kind Regards,
The_Architect
Note
Price at the moment has taken Buy Stops confirming a Turtle Soup Idea. Now monitor if price has confirmed Symmetry or Non-Symmetry and once you notice it you will see the likelihood of a continuation lower.Kind Regards,
The_Architect
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