GBP Futures (6B, Sep)
Daily TPO - In an ideal world we will see something along these lines. Filling the initial balance and testing Fridays VAL before heading higher. Ideally we want to see a high volume dip trapping sellers then a buy side delta flip which could confirm the long bias.
AM TPO - Opening outside of value, our bias remains bullish for the foreseeable therefore dips will only provide opportunities to be bought. AM POC below the Frankfurt open would provide an excellent area if we we can find buyers upon the London open.
GBPUSD 15 min candlestick chart - The trade idea would look something like this sweeping Asian lows also before rallying.
EURO Futures (6B, Sep)
Daily TPO - Similarly on EURO sits the possibility of a dip upon the London open filling the initial IB and rallying.
AM TPO - The AM POC aligns with our Daily POC giving a solid area to find buyers (assuming we can dip in the London session).
EURUSD 15min candlestick chart - The trade idea would appear something like this, testing the Asian lows and finding buyers. If we cant go hold we will likely await a sweep of Fridays lows before considering further long positions.
Trade Safe.
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