Flex_FE

Potential GBPUSD Long Position

OANDA:GBPUSD   British Pound / U.S. Dollar
I have marked liquidity points on the chart (2 Imbalances and an unmitigated Asian High) and located two order blocks which I would mark my entry off of just below where the Break of Structure would confirm my analysis and the last of the downside liquidity would be taken. If my first order block is mitigated and stop loss is hit then my second trade would be entered. This is will be placed on a 100k demo account using a Risk percentage of 0.5% per trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.