The pair GBPUSD has reached and reversed from his 4H OB
on the lower time frame it created imbalance and a clean orderblock for retracement
if price reached its first orderblock we take a agressive short trade to the profit targets
left screen is lower time frame (1m)
and the right screen higher time frame (1H)
price could reach for the higher orderblock because there is liquidity created that has to taken out so i putted my stoploss above the swing high
on the lower time frame it created imbalance and a clean orderblock for retracement
if price reached its first orderblock we take a agressive short trade to the profit targets
left screen is lower time frame (1m)
and the right screen higher time frame (1H)
price could reach for the higher orderblock because there is liquidity created that has to taken out so i putted my stoploss above the swing high
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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.
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.