GBPUSD Tactical long setup
Almost the same situation as EURUSD
-Needs to have that void filled (better seen on 4H)
-An untested breaker is sitting comfortably right at .705 fib level
-A bunch of short stops resting at that recent high with a bearish orderblock above it
Although it has a bit further to retrace relative to EURUSD, it's still the same setup.
Original idea by Svarog https://www.tradingview.com/chart/GBPUSD/8NPIWjBr-GBPUSD-Tactical-long-setup/
-Needs to have that void filled (better seen on 4H)
-An untested breaker is sitting comfortably right at .705 fib level
-A bunch of short stops resting at that recent high with a bearish orderblock above it
Although it has a bit further to retrace relative to EURUSD, it's still the same setup.
Original idea by Svarog https://www.tradingview.com/chart/GBPUSD/8NPIWjBr-GBPUSD-Tactical-long-setup/
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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.
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.