GBP/USD for the week coming.
GU is bearish on the HTF so I'd wait for mitigation of one of these Supply zones and then look for short.
Not a financial advice.
I'm comparing the past tops and past bottoms as confirmation on what the price will do in the future. This is a strategy I have made or at least figured out my self. The Arrows represent where the price is starting and most likely going. The "!" are areas of buying.
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I see the market sweeping the low resistance lows, before heading for the small liquidity sweep with the equal highs and to fill the Imbalance on the 4H and then heading back down to fill the imbalances it left behind at the start of the month on the Daily, long position 1:9 RR & Short position 1:24 :D
**Disclaimer!!!
This is not financial advice, these are my own...
I am watching for another potential shakeout before our parabolic run and repeat of the roaring 20s
Not personally even trading this move but I am trading cryptocurrency and they both dropped together in the COVID panic of 2020.
what if we see another flash-crash? are you prepared for such an event?
Take it for what it's worth since I'm not trading the DOW...
Hi, This morning Had open position, price was very close to the First Target but waiting for better profit. RSI start accelerating toward 60 level. We will see what will happen.
Cheers,
Jim
