I have a bullish bias for GBP/USD, following a simple bullish template. I'll maintain this bullish bias while closely monitoring how price reacts to allocated 1-hour Fibonacci retracement 1hour FVG and the previous higher high. However, I'm aware that price may not react bullishly in this area, as it could be drawn toward the daily low due to a daily bullish FVG, which aligns with another 1-hour FVG.
I'm open to the possibility of a deeper retracement, which could involve grabbing liquidity before the bullish momentum resumes. My objective is to close the day with a strong bullish candlestick, ideally closing above the daily inner FVG (iFVG) and the weekly FVG (wFVG) IF bullish entries present itself
I'm open to the possibility of a deeper retracement, which could involve grabbing liquidity before the bullish momentum resumes. My objective is to close the day with a strong bullish candlestick, ideally closing above the daily inner FVG (iFVG) and the weekly FVG (wFVG) IF bullish entries present itself
Trade active
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Trade closed manually
looking to get into the continuation
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Another trade based of having bullish bias
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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.