The_Archi-tect

GBPUSD: Unveiling Long-Term Sell-Side Perspectives

Short
The_Archi-tect Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Greetings Traders,

In today's analysis, we observe a retracement of prices into premium levels. Presently, there is evidence of liquidity engineering through the formation of a retail pattern (resistance zone) within this premium range. This suggests the potential for further movement into premium territory, likely targeting the removal of H1 Premium Buy stops. Consequently, engineered liquidity will be paired with Smart Money's sell orders, directing price action downwards.

Upon the breach of the H1 buy stops, my focus will shift towards monitoring price movement towards the Daily Sell stops, aligning with one of my sell-side objectives.

For a comprehensive understanding of my long-term sell-side perspective on GBPUSD, I invite you to watch the accompanying video below:
Best Regards,
The_Architect

Comment:
Price has now manipulated the engineered liquidity, we can now look for selling opportunities after a confirmation.

Refer:
Best Regards,
The_Architect

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