GBPUSD Liquidity Inducement Setup
The price is in Daily Resistance Zones it is wise to be only interested in SELL positions
The price has made a Significant CHOCH at H4 and the ORDER BLOCK that caused this has been MITIGATED
BSL(Buy Side Liquidity) is made below the ORDER BLOCK and it is expected for the price to HUNT the BSL in order to continue it's downward move to reach DEMAND ZONES that were the ORIGINS of previous uptrend
the price obviously has BUY IMBALANCE and this acts like GRAVITY and pulls the price down to re-enter BUY ORDERS
The price has made a Significant CHOCH at H4 and the ORDER BLOCK that caused this has been MITIGATED
BSL(Buy Side Liquidity) is made below the ORDER BLOCK and it is expected for the price to HUNT the BSL in order to continue it's downward move to reach DEMAND ZONES that were the ORIGINS of previous uptrend
the price obviously has BUY IMBALANCE and this acts like GRAVITY and pulls the price down to re-enter BUY ORDERS
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