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The_Archi-tect
Feb 29, 2024 9:00 AM

GBPUSD: Potential Sell Opportunity  Short

GBP/USDOANDA

Description

I am currently observing a potential sell-side draw on GBPUSD, as we've seen an expansion out of accumulation accompanied by the filling of a liquidity void to the downside and the mitigation of an H1 Order Block. This movement also resulted in the absorption of all Engineered Liquidity. Consequently, the draw momentarily appears to be to the upside, aiming to fill the Liquidity Void left behind when price expanded lower.

To confirm sell positions, I will be closely monitoring the filling of the liquidity void and the mitigation of the H1 Order Block. Once these conditions are met, I will look for a confirmation entry point.

Stay tuned for an in-depth video analysis.

Kind Regards,
The_Architect
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