Tue
3/28/23
Bias: Shorting GU at the previous month's high
3M= Sideways
M= Downtrend
W= Sideways but in LTFs has already broken structure to the downside
D= Uptrend (on its way to the next potential swing points daily & weekly
Looking to enter at the 2400 level
This area is the prev month's high confluence with supply areas at the D and H4 TFs.
3 potential moves
1. Liquidity Grab at the last weekly higher high before coming down to either 38.2/ all the way to 127 ext
2. Liquidity at the 2400 areas where we have multiple confluence before coming down to either 38.2/ all the way to 127 ext
3. Punches thru to 27 ext
I am more for 1 & 2
3/28/23
Bias: Shorting GU at the previous month's high
3M= Sideways
M= Downtrend
W= Sideways but in LTFs has already broken structure to the downside
D= Uptrend (on its way to the next potential swing points daily & weekly
Looking to enter at the 2400 level
This area is the prev month's high confluence with supply areas at the D and H4 TFs.
3 potential moves
1. Liquidity Grab at the last weekly higher high before coming down to either 38.2/ all the way to 127 ext
2. Liquidity at the 2400 areas where we have multiple confluence before coming down to either 38.2/ all the way to 127 ext
3. Punches thru to 27 ext
I am more for 1 & 2
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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.
Disclaimer
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.