Institutional
GBP/NZD institutionalDuring the past week price has formed many many liquidity zones which are our target.
We see lq at top and at the bottom, this is why we should pay a lot of attention to best follow
the price movement without taking the wrong direction.
I personally think that the price might snatch the top liquidity before falling down.
Us30Us30 ins currently running in the bullish channel to test the previous high, im looking forward to see a new high being created.
GBPAUD - Institutional BuyOANDA:GBPAUD
Trade Idea - 💡
On the 4h, a distribution schematic began to form in the 4hr BTS POI which was targetted for the original buys.
Over the course of the schematic played out until Friday until price rallied to create a new high, this was the first confirmation that we may be seeing a reaccumulation which would tally well with the higher timeframe bias of an accumulation schematic.
An entry off of the open to the next 4h BTS would fulfil to 50% retracement of the daily range accumulation as well as confirm external bullish structure on the 4h timeframe
Let me know your thoughts?