Get started
The_Archi-tect

GBPUSD: Exploring a Potential Sell Idea

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
The_Archi-tect Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Beyond Technical Analysis ict ictconcepts ictorderblock ictfairvaluegap icttrader icteducation ictsessions ictkillzones ictsetup
5
0
beyondta ict ictconcepts ictorderblock ictfairvaluegap icttrader icteducation ictsessions ictkillzones ictsetup
Potential Sell Idea for GBPUSD: Following the recent Daily Buy Stops, our focus is on identifying an Internal Draw on Liquidity (FVG, OB's, etc). A retracement has filled both the m15 Order Block and the presented Liquidity Void, coinciding with a H1 FVG. Presently, as we've expanded out of accumulation, our anticipation is for a retracement to fill the Liquidity void and mitigate the H1 Order Block, where we'll await confirmation for sell positions.

The target is to fill the presented Liquidity Void to the downside while targeting engineered liquidity along the way.

Wishing you a successful week ahead,
The_Architect
Trade closed: target reached:
TP Hit = 4R Target
Confirmation Entry = Market Structure Shift & FVG Rebalance

Refer:
snapshot

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.