Trade Idea - What’s GOLD up to?
Scenario 1
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I’m looking to be a buyer with a limit order within the H4 OB where I believe the big institutions will be having their order blocks. From there i expect price to fill the imbalance (fair value gap) in price and trade down.
Scenario 2
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Price could also trade into the fair value gap and break down. But since price has broken market structure it should basically create an OTE.
——————
I’m looking to be a buyer with a limit order within the H4 OB where I believe the big institutions will be having their order blocks. From there i expect price to fill the imbalance (fair value gap) in price and trade down.
Scenario 2
——————
Price could also trade into the fair value gap and break down. But since price has broken market structure it should basically create an OTE.
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