GBP/USD long analysis
as you know that market has opened gap down in GBP/USD so this is a gap trading strategy where market most probably fill the imbalance and it can either continue trend or might reverse.
in this scenario market is in uptrend after hitting a 45m demand and also broken significant structures showing buying pressure as you can see that market came down fill the inefficient OB and started going shows that market is still strong and want to continue uptrend to fill the higher targets .
so the trade idea here is that i want to see market to form new HH and then i will look for inefficient candle where market most likely could reverse and place a buy limit there for targets first will be the gap to be filled and above that liquidity was there leading into a heavy supply
in this scenario market is in uptrend after hitting a 45m demand and also broken significant structures showing buying pressure as you can see that market came down fill the inefficient OB and started going shows that market is still strong and want to continue uptrend to fill the higher targets .
so the trade idea here is that i want to see market to form new HH and then i will look for inefficient candle where market most likely could reverse and place a buy limit there for targets first will be the gap to be filled and above that liquidity was there leading into a heavy supply
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