Shorting GBPUSD after it hit the 1H order block
DXY hit the 1H bullish order block and GBPUSD hit the 1H bearish order block at the same time.
It was outside the LO or NYO so I wait for a nested OTE to enter short.
The 1H renko line at 1.5975 (.80 institutional level) acted as a support line where we can draw a hidden OTE from. OTE zone aligns with the 1H bearish order block.
Power of 3 tells us we will see a small upside retracement into the .20 institutional level zone and we probably see a down close.
Take profit around the previous swing low, but we might see 1.5750'ish levels
It was outside the LO or NYO so I wait for a nested OTE to enter short.
The 1H renko line at 1.5975 (.80 institutional level) acted as a support line where we can draw a hidden OTE from. OTE zone aligns with the 1H bearish order block.
Power of 3 tells us we will see a small upside retracement into the .20 institutional level zone and we probably see a down close.
Take profit around the previous swing low, but we might see 1.5750'ish levels
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