GBPUSD Order Block analysis
1 HR order block.
I went down to the 15 MIN chart to find a more cleaner OB. This was ironically 50% mid point of the 1 HR OB candle.
We are looking for a buy position and our targets is on the next quarter point.
There is a good amount of imbalance and buy orders and sell orders stuck at the top of the down move.
I believe market will push back up to take out those highs or comeback to the top then head back down.
My stop loss is below the 15 OB candle.
Risk management.
I went down to the 15 MIN chart to find a more cleaner OB. This was ironically 50% mid point of the 1 HR OB candle.
We are looking for a buy position and our targets is on the next quarter point.
There is a good amount of imbalance and buy orders and sell orders stuck at the top of the down move.
I believe market will push back up to take out those highs or comeback to the top then head back down.
My stop loss is below the 15 OB candle.
Risk management.
Dagangan ditutup: hentian tercapai
Its okay you cant win them all, but this was a good potential setup.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.