GBP after taking 2024 yearly low
Quarter 1 has been off to a good start. With a series of down closed candles taking yearly liquidity and then price quickly filling the same range, we see signs of tides shifting. From a daily perspective and moving with the concept of a housing candle...IF price closes above another series of down closed candles, I believe we have Bullish IOF.
Trade active
Weekly Range High taken by end of week. Reentry idea is for a return to the series of bearish candles or price level (1.25000)
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.
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.