GBP/USD 15M - As you can see price has broken out this ranging market after penetrating this area of Demand. It looks as though we are now going to see the next bullish leg.
I have gone ahead and marked out an area of Demand I feel price could trade down and into before a continuation higher, this area is a hidden Order Block.
This trade is currently running + 20 pips. (+ 1%) 1RR
By price trading down and into this area it is clearing liquidity and any remaining orders before the move to the upside, as a result setting a higher low.
I know some of you may have closed at entry, for those who have, you could look to get reintroduced from this area provided. Well done to all involved nevertheless.
I have gone ahead and marked out an area of Demand I feel price could trade down and into before a continuation higher, this area is a hidden Order Block.
This trade is currently running + 20 pips. (+ 1%) 1RR
By price trading down and into this area it is clearing liquidity and any remaining orders before the move to the upside, as a result setting a higher low.
I know some of you may have closed at entry, for those who have, you could look to get reintroduced from this area provided. Well done to all involved nevertheless.
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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.
Related publications
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.