Continuing Bullish Momentum: GBPUSD Buy Thesis Reinforced!
Greetings Traders!
Yesterday, I provided an analysis highlighting potential buying opportunities, targeting key areas such as the Buy Stops and the weekly bearish order block, given the prevailing bullish institutional order flow. Today, we aim to continue this narrative by seeking further buying opportunities to reach these significant objectives.
Price action on the m15 timeframe has recently interacted with a Bullish order block, leading to a market structure shift (MSS). Currently, price has retraced to a m5 breaker, presenting an opportune moment to enter new buy positions. Additionally, there's a possibility of a brief downside movement to trigger sell stops before resuming the upward trajectory towards higher timeframe objectives.
Yesterdays Analysis:
Fridays Video Outlook:
Best Regards,
The_Architect
Yesterday, I provided an analysis highlighting potential buying opportunities, targeting key areas such as the Buy Stops and the weekly bearish order block, given the prevailing bullish institutional order flow. Today, we aim to continue this narrative by seeking further buying opportunities to reach these significant objectives.
Price action on the m15 timeframe has recently interacted with a Bullish order block, leading to a market structure shift (MSS). Currently, price has retraced to a m5 breaker, presenting an opportune moment to enter new buy positions. Additionally, there's a possibility of a brief downside movement to trigger sell stops before resuming the upward trajectory towards higher timeframe objectives.
Yesterdays Analysis:
Fridays Video Outlook:
Best Regards,
The_Architect
Trade active
Trade closed: target reached:
Tp= 4R
Confirmation Entry: 2min mss and fvg entry after m15 breaker retest.
Comment: We can continuously anticipate a further draw towards the upside as to reach the objectives unless price action states otherwise.
However, I am done trading for today seeing that my daily target has been reached.
Refer:
Happy Trading, see you guys next week.
The_Architect
Confirmation Entry: 2min mss and fvg entry after m15 breaker retest.
Comment: We can continuously anticipate a further draw towards the upside as to reach the objectives unless price action states otherwise.
However, I am done trading for today seeing that my daily target has been reached.
Refer:
Happy Trading, see you guys next week.
The_Architect