Unlocking Opportunity: GBPUSD London Session Buy Setup Unveiled!
Hello Traders,
We're currently eyeing a Power of 3 setup on GBPUSD. After manipulating the Asian session low, we anticipate a rise during the London session following the clearance of sell stops. The current draw on liquidity manifests as the relative equal highs, indicating the H4 Buy Stops.
I'm considering a confirmation entry with the stop-loss set at the low. If the stop-loss is triggered, it would signify further sell stops being taken, prompting another confirmation entry for buys.
Stay tuned for updates.
Best Regards,
The_Architect
We're currently eyeing a Power of 3 setup on GBPUSD. After manipulating the Asian session low, we anticipate a rise during the London session following the clearance of sell stops. The current draw on liquidity manifests as the relative equal highs, indicating the H4 Buy Stops.
I'm considering a confirmation entry with the stop-loss set at the low. If the stop-loss is triggered, it would signify further sell stops being taken, prompting another confirmation entry for buys.
Stay tuned for updates.
Best Regards,
The_Architect
Trade closed: stop reached:
SL Hit
Comment: I will be looking to see if I can get further confirmations for a buy setup in NY Session, if not then my bias for the day may have been wrong.
Best Regards,
The_Architect
Comment: I will be looking to see if I can get further confirmations for a buy setup in NY Session, if not then my bias for the day may have been wrong.
Best Regards,
The_Architect