I am waiting for the sell pressure to take hold after the weekly shift in market structure to the downside to line up with the major trend. Liquidity has been created on both sides but I'm confident that supply has got the upper hand. I will be looking for buys up to the H4 supply zones before moving into sell mode, being careful of the fact there is more than one place for price to reverse so we could get a fake move to liquidate the early swing traders into the institutional positions
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.