GBP Futures (6B, June)
We are likely to find buyers this morning on GBP as per AMT, we are outside the value area from Friday morning and currently pulling back as London opens.
Line in the sand: Naked POC / Daily VAL @ 1.2400 (trading view price)
Am session TPO (fig.1)
Daily TPO (fig.2)
GBPUSD candlestick 15min - trade idea on cable this morning as long as we hold our TPO levels as per AMT. Preferably we will get footprint confirmation adding confluence this level will hold.
EUR Futures (6E, June)
Currently finding buyers from AM VAH which could push price higher from here. However its not a position I find high probability given the space below in fig.6, and an open order block that could easily attract price back to. The order block at the low aligns nicely with TPO levels slightly lower down (AM naked POC, Daily VAL) which I believe to hold greater significance and probability of finding support from. As it stands we are mid range which doesn't fill me with confidence.
Line in the sand for longs: 1.0940
AM session TPO (fig.4)
Daily TPO (fig.5)
EURUSD Candlestick 15min (fig.6)
NOTE: Trade ideas are have set orders as I prefer to see confirmation and momentum as we approach these areas.
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