GBP/USD long idea
After a long bearish move market started to recover / fill the imbalance which are left open before further selling off. The idea of this trade came when market failed to respect a 1h demand and continue up forming HH and HL.
So, what I am expecting market will go further to fill some larger imbalance and the us dollar is weak right now so it increases the chances of going up further. It is a trade continuous strategy where market after form a break of structure we look for a imbalance candle form which that impulsive move started that break the HH. So next time when market will come back to that region when I will be looking for long opportunity in lower timeframe with proper confirmation
So, what I am expecting market will go further to fill some larger imbalance and the us dollar is weak right now so it increases the chances of going up further. It is a trade continuous strategy where market after form a break of structure we look for a imbalance candle form which that impulsive move started that break the HH. So next time when market will come back to that region when I will be looking for long opportunity in lower timeframe with proper confirmation
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