After the USD pairs have had significant moves, and order blocks have been created and filled by smart money it has created pools of liquidity under many pairs one of them being GBPUSD.liquidity void sell
this is a prime example of a big bank liquidity grab. where a stop loss hut occurs to stop out all the buyers in the market. a buy stop loss is a sell and selling is buying liquidly. Also the brake of key structure will introduce retail sellers into the market. with the liquidly gathered the banks will continue to drive the price up if you want to know more about...
LOOKING FOR AA SHORTER TERM SHORT ON EU, SWEPT HIGH MAY RETURN FOR LOWER LIQUIDITY AND ODER BLOCKS, CAN SLO SEE A PUSH HIGHER AND SWEEP OF THAT LEVEL WITH EVEN A POSSIBILITY OF A SIGNIFICANT PUSH HIGHER IF BOTH FAILS OR INVALIDATE OPPORTUNITY. WOULD LIKE TO SEE A ROLL-OFF WITH MORE CONVICTION HOWEVER, SO IF THIS WAS TO TAKE THESE HIGH AGAIN I WOULDNT BE SURPRISED,...
EURUSD is in a possible sell model. As you can see I highlighted that top wick that took out so much liquidity this is telling me EU could have possible short positions for us. The DXY is showing bullish so I want to see the EUR retrace into an area to sell off. Which is where I highlighted. I'll be monitoring the pair to see what it does when it gets to this area.
Expecting chop upwards toward the middle of range because nobody wants a market breakdown during holiday season.
more liquidity below to take out the stops from the swing points below. using the Wyckoff entry look to be a sale programme going on.