richardli2726

Institutional candle on GBP USD

Long
FX:GBPUSD   British Pound / U.S. Dollar
Potential order block/ institutional candle where institutions have trapped sellers in the market before pushing the market higher. The institutions now need to mitigate their sell orders at break even before continuing the market higher. Stop loss below the wick of the institutional candle

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Good luck!
Comment: Be wary it is bank holiday in the US today so could be quiet, one to watch going into the week