GBPUSD ANALYSIS 27/012025
PRL = Protected low.
BKB = Breaker block.
FVG = Fair value gap.
ORB = Order block.
I expect price to move down from the BKB to cover up the FVG it created, tapping into the ORB before continuing the bullish trend. Sell Entry is place on the BKB, with a 20pip SL a little above the PRL. Trying to catch 70pips to the buy zone.
BKB = Breaker block.
FVG = Fair value gap.
ORB = Order block.
I expect price to move down from the BKB to cover up the FVG it created, tapping into the ORB before continuing the bullish trend. Sell Entry is place on the BKB, with a 20pip SL a little above the PRL. Trying to catch 70pips to the buy zone.
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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.