GBPAUD Long
Confirmations:
1) Structure: HTF and Lower Timeframe structure are bullish. Trading bias is bullish.
2) Institutional candle: Entry at the last down candle before the impulsive bullish move that caused a BOS creating a new higher high.
3) Imbalance: The institutional candle lies within imbalance, which needs to be filled before proceeding upwards.
4) Liquidity lies above in the form of equal highs, which is being used a take profit. It is also a whole level of 1.80000.
1) Structure: HTF and Lower Timeframe structure are bullish. Trading bias is bullish.
2) Institutional candle: Entry at the last down candle before the impulsive bullish move that caused a BOS creating a new higher high.
3) Imbalance: The institutional candle lies within imbalance, which needs to be filled before proceeding upwards.
4) Liquidity lies above in the form of equal highs, which is being used a take profit. It is also a whole level of 1.80000.
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