GBPUSD Trading Insights: Capitalizing on Bearish Opportunities!
Dear Traders,
On Friday, the GBPUSD experienced significant volatility, leading to a notable upward movement. This action resulted in the formation of a Low Resistance Liquidity Zone, indicating minimal resistance for price movement through this area. Additionally, the price left relatively equal lows, suggesting the presence of H4 Sell Stops. We anticipate the price to target this area, which aligns with the Daily Fair Value Gap (FVG), drawing liquidity in that direction.
Currently, we are considering two scenarios for potential confirmation entries towards our objectives:
H1 Bearish Order Block: We are at an H1 bearish order block, and a price sell-off from this point is possible if we receive the appropriate confirmation signals.
H1 Buy Stops: Alternatively, the price may trigger the H1 Buy Stops. In this scenario, we expect smart money to take positions against these buy stops, creating selling opportunities. Confirmation entries will be considered if this occurs.
Please stay tuned for our upcoming weekly video outlook on GBPUSD, where we will provide further insights and detailed analysis.
Best regards,
Kind Regards,
The_Architect
On Friday, the GBPUSD experienced significant volatility, leading to a notable upward movement. This action resulted in the formation of a Low Resistance Liquidity Zone, indicating minimal resistance for price movement through this area. Additionally, the price left relatively equal lows, suggesting the presence of H4 Sell Stops. We anticipate the price to target this area, which aligns with the Daily Fair Value Gap (FVG), drawing liquidity in that direction.
Currently, we are considering two scenarios for potential confirmation entries towards our objectives:
H1 Bearish Order Block: We are at an H1 bearish order block, and a price sell-off from this point is possible if we receive the appropriate confirmation signals.
H1 Buy Stops: Alternatively, the price may trigger the H1 Buy Stops. In this scenario, we expect smart money to take positions against these buy stops, creating selling opportunities. Confirmation entries will be considered if this occurs.
Please stay tuned for our upcoming weekly video outlook on GBPUSD, where we will provide further insights and detailed analysis.
Best regards,
Kind Regards,
The_Architect
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.