GBPUSD LONG on Order Flow - Follow the smart money!

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Strong Bullish Signal:
The pair demonstrated an abrupt growth supported by the large volume and totally absorbed the previous fall, which shows the weakness of sellers. Moreover, the large positive delta implies that there is a significant purchases imbalance in the market now.
Volume Zones:
We need to allocate a level of resistance 1.2528 - 1.2545. Now the price is trading near this mark.
Sentiment:
This indicator shows that 71% retails traders are in short positions, which is a good additional signal for us (trading against the "crowd").
https://b.radikal.ru/b20/2007/72/74753643db66.png
Consider Long Positions:
Given all these factors, we may regard a scenario of the breakout of the resistance, which will consent us to open long positions. The rise must be keen and supported by the large volume, which will be a more reliable signal for entering the market. A stop loss may be placed below the breakout volume bar.
Profit Potential:
Around 120-130 pips.

To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -
Profiting from Order Flow: How to follow the Institutional Money

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