LegendSince

GBPUSD - When Will We See A Shift In Structure?

Long
LegendSince Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
Rangebound price action throughout the week with hourly buyside and sellside pending to be tested.

1.26546 intraday buyside liquidity is a premium area in price which cable is most likely to run to, especially if dollar is to continue to sell-off into the daily fair value gap @ 104.144. Hourly order block @ 1.26146 has been respected from Thursday throughout.

Will we see a run on stops?

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Ordre annulé:
Buystop raids on 1.26546 never materialised but the overall downside movement played out.

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