Fvg_strategy
My GBPUSD Buy Setup For Next WeekCheck out this Buy setup for GBPUSD projection for next week move.
FOREXCOM:GBPUSD
Thoughts Process Behind the Setup:
Weekly Time Frame: Bullish plus FVG and bearish order block above price serving as a draw on liquidity.
Also, price already retraced to fill the FVG below price. Which means price is now ready to push higher to fill the FVG above.
Daily Frame: Price bouncing off daily bullish order block to fill an imbalance.
The only setback on daily for now is the bearish order block where price is currently at.
2HR: Price took out sellside liquidity and dropped further into the weekly FVG and then created a shift in market structure leaving a clear FVG behind.
Entry: I used my FIB to locate OTE around the FVG which is where i will be placing my limit order for entry.
What do you see on your own chart?