I am going to buy GBPUSD on this level. I see buyside liquidity and a resistance level to be broken. I see bearish DXY as it has mitigated on the 102.05 FVG and has given a reaction.
Confirmations for this trade:
a) Sellside liquidity taken on 1.230
b) FVG + Order Block mitigation
c) Bearish DXY
d)Buyside liquidity on 1.24600
Confirmations for this trade:
a) Sellside liquidity taken on 1.230
b) FVG + Order Block mitigation
c) Bearish DXY
d)Buyside liquidity on 1.24600
Trade active:
First target reached: 1.2340. Moving SL to BE. Enjoy
Trade active:
Trade is 1:2 already. Taking profits
Comment:
More than 1:3 :)