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
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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.