EURO Futures (6e, Sep)
AM TPO - Opening above the previous day value area, AMT states price discovery will continue higher. Ideally we will get a dip on the London open into one of our two green zones where we will confirm with order flow whether bulls are stepping in.
Daily TPO - After dipping through the Asian session, we have retested the lower end of the previous day value area and continue to move higher. This is in line with the AM TPO above and we will look to utilise the AM profile if we can get a dip into our areas of interest.
15min candlestick EURUSD - potential setup assuming the previous day AM TPO can hold as support, as per AMT we can expect a push higher.
GBP Futures (6B, September)
AM TPO - Similar to EURO, we will be looking for a dip on the London open to look for a long opportunity - assuming the previous day levels hold, long bias is preferred until daily target has been swept.
Daily TPO - A dip on the open would take us towards the VAL, the preferred zone for buys. Naked POC and single prints above remain as the target as liquidity is evident here on the heatmap (below)
GBP heatmap - the red arrow indicates the liquidity we are in reference too.
GBPUSD 15min candlestick chart - Below is an entry idea, in line with an order block many SMC and algos use, we can expect a reaction after sweeping Asian lows.
Any questions feel free to reach out. Trade Safe.
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