GBPUSD Order Block analysis
15 min OB analysis.
We have an imbalance candle that market has to fill in on the 15 minute chart.
My tp will be 1.36500 due to the fact its a great range for me and also I am satisfied with the pips.
Most likely market will continue upwards due to the fact there is still liquidity that needs to be obtained.
1. Instead of price coming back to retest previous resistance around 1.36250, it will most likely pierce through it and retest the OB instead.
2. Keep in mind if market retest on previous resistance (1.36250), you can enter for a trade but ONLY if it shows rejection.
3. RISK MANAGEMENT.
Noted:
This is my analysis so I can review my trade, I will be taking this trade as well. Just saying.
We have an imbalance candle that market has to fill in on the 15 minute chart.
My tp will be 1.36500 due to the fact its a great range for me and also I am satisfied with the pips.
Most likely market will continue upwards due to the fact there is still liquidity that needs to be obtained.
1. Instead of price coming back to retest previous resistance around 1.36250, it will most likely pierce through it and retest the OB instead.
2. Keep in mind if market retest on previous resistance (1.36250), you can enter for a trade but ONLY if it shows rejection.
3. RISK MANAGEMENT.
Noted:
This is my analysis so I can review my trade, I will be taking this trade as well. Just saying.
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