GBPUSD (GU) Entry Level On The Long :)
Updated
Thought I Should Share My Entry On This One, 1st There's Little Probabilities That The Price Might Wanna Sweep The Sellside Liquidity Resting Below. Most Lows Are Taken Out With The Strong With And Cleaned The Sell Stops Resting Down There, Now I Believe The GU Is Retracing From Premium, And Wants To Accumulate More Buy Orders On The Discount Level Below The 50% Level Of FIB. To Be Precise On The FVG Below The 50% Level, Looking On The Left Side Of The FVG There's An Inverted Fair Value Gap, So With That I Have More Confluences For Not Wanting To See The Price Taking The Recent Low Until The Buy Stops Are Taken.
Trade active
Look At That :)
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.