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GBPUSD – Did VWAP Signaling a BUY by TARGETTING High Liquidity Area?

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GBPUSD M30 Suggested a good tradition Expanding Triangle that suggest a sell order for long term. Can put sell order in between 1.2380-1.2408

GBPUSD M30 – Last phase of Expanding Triangle. Major DROP?

BOOKMAP Suggested the price is trading around VWAP price. We could see a retest on VWAP line that indicates a buy for very short term. Take Profit position can be leverage at Bulk SELL LIMIT order

BOOKMAP – Heatmap Info

TRADE CALL

SELL LIMIT in between 1.2380 – 1.2410.

Why – TA suggesting that price may drop starting at that price, plus the bookmap also giving a glimpse of bulk order awaiting to be executed at that area.

TP – 1.2340

SL – 1.2415

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About Tengkolok:

Tengkolok is a TECHNICAL & FUNDAMENTAL analyst for FOREX & Futures. Exposed to Trading while still studying~~2012. Modern Elliot Wave specialist / Supply & Demand / Trend Line / Fibo / Fundamental. Current Strategy – TA & FA meeting the Depth of Market. “No holy grail, just QUALITY TRADES” MOHAMAD FIRDAUS BIN DAUD 202003318037 (003191643-H)

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