GBPUSD: Exploring Potential Sell Opportunity

Currently, GBPUSD has successfully navigated through an m15 Order Block, prompting my focus on a draw towards the H1 Discount Sell Stops. Given GBPUSD's bearish institutional order flow on higher timeframes, I anticipate key bearish price discovery arrays, like Order Blocks, to exert downward pressure on prices.

Furthermore, discount prices feature relatively equal lows acting as engineered liquidity, serving as a compelling draw for price movement.

I've entered a confirmation entry off the Order Block to capitalize on these dynamics.

Kind Regards,
The_Architect

Trade geschlossen: Stop wurde erreicht:

SL Hit
Comment: I will wait for more clarity before going into the market.

Refer:

Kind Regards,
The_Architect