The_Archi-tect

EURGBP: Potential London Session Buy Idea (Power of 3)

Long
The_Archi-tect Updated   
OANDA:EURGBP   Euro / British Pound
EURGBP is currently rebounding from a H4 Discount FVG after successful rebalancing. This is followed by a market structure shift (MSS) on the H1 timeframe, indicating a potential shift towards a bullish sentiment. Presently, price has reached a m15 Discount Fair Value Gap, suggesting a possible upward movement to reach the Premium Buy Stops, our Draws on Liquidity. While a further discount move is plausible, we continue to anticipate the subsequent bullish draw.

Stay tuned for a detailed video analysis on EURGBP.

Kind Regards,
The_Architect
Comment:
Since there is no confirmation, a further discount move is plausible, we continue to anticipate the subsequent bullish draw


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.