Wealth_Comanche

A wave of hope for the bulls | GBPUSD

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD

We see price intention to go higher from the range we are in, we see a bullish impulse initiated by smart money
This bullish impulse gave an OB before SM came into play
This OB has to be the area where price taps into before we expect higher prices but for this to happen, liquidity needs to be grabbed

We see smart money's intention of moving price higher because as it can be inferred from the chart, there is an engineering of buy stop liquidity and sell stop liquidity
This above and below has formed equal highs and equal lows know as support and resistance

We expect the sell stop liquidity to be taken out first (i.e equal lows in this case) and then the buy stop liquidity above (i.e equal highs)
After this happens, we expect to see price tap the OB and give a higher push in price

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