Greetings, the GDP (GBP) is going to be released shortly and my anticipation is a continuation lower for GBPUSD to reach the Daily Sell Stops. Price at the moment has rebalanced a H4 FVG and on the H1 we have a Turtle Soup (False BOS) . The false BOS gives us an idea that IPDA took the high in order for order pairing to occur. Order Pairing essentially...
I am seeing a potential continuation lower on GBPUSD as to reach the Daily Sell Stops. Kind Regards, The_Arch-tect
We may react off the H4 FVG. I will only be considering an Entry in the Second Quarter of New York Session, being 07:30am. Regards The_Architect
Price has filled the H4 Liquidity Void and hit the H4 Order Block. We are in the H4 FVG. The anticipation is that since the m15 is order pairing the price leg that took Buy Stops is considered the manipulation and a reversal is a possible for the sellside draw. Note: If the market isn't confirming an entry before 6am, then anticipate New York session to...