These are the types of setups I really like to see. several blocks of confirmation stacking up on each other. Buyside was taken as we can see on the 4H chart, we then see a break of structure to the downside after that with an imbalance formed. This imbalance, FVG, as highlighted on the chart falls in the OTE zone of the Fib. I didn't add that because I don't like cluttered charts, so bear with me.
On the daily timeframe you can see a clean break of structure with price returning to the orderblock and rejecting off it,
Going into this week, I would like to see price head lower to the fair value gap below and possibly the lows. Just my opinion though, Don't take my word for it.
#GBPUSD #dollar #tradeidea
On the daily timeframe you can see a clean break of structure with price returning to the orderblock and rejecting off it,
Going into this week, I would like to see price head lower to the fair value gap below and possibly the lows. Just my opinion though, Don't take my word for it.
#GBPUSD #dollar #tradeidea