GBPAUD LONG

37
Daily Structure just created lower low, broke structure to downside and captured buyers liqiuidity. But we left a major gap to the upside. This is major incentive to go higher. Along with the 4 hour liquidity created above our equal highs. correlation with the gap. 1 hour had a classic accumulation pattern and price shot up. Playing off the mitigation from that structure. Targetting the first gap and then to make a new high.

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.