Technical Analysis : GBPUSD Bullish interest around 1.26700
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Technically speaking at the moment I don't see any reasons I enter a long. But I am seeing signs of bullish interest.
On the daily timeframe, this region has witnessed significant upward reactions historically. I am hopeful for a similar reaction once again.
Now that we have revisited this order block, I am anticipating a reaction on the 4-hour timeframe that could lead to a shift in market structure. This would enable me to seek a bullish retracement for a potential entry. I do appreciate these wick rejections from the daily order block when observed on the 4-hour timeframe. They indicate the presence of participants who are strategically positioned around this area.
Will keep this updated but again I want to see some stronger reactions on the 4H timeframe in order to seek a trade.
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Follow up. We now have a change of character. Price is holding as expected Waiting on a stronger pullback for the entry or a BOS. Depends on how market is at the BOS. Will keep updating.
İşlem aktif
Executed
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Price is still looking bullish : Got a price liquidity rejection on that order block. Still holding this 4H buy into next week.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.