- With the imbalance created at Sydney open, it is anticipated that a retracement will commence to fill the imbalance
- As a result of the imbalance as well, Asian high has been created inadvertently
- We are near the PMH which is a massive liquidity level
My bias INTRADAY currently is bearish after the parabolic move. But I will wait to see if price interacts with the Asian high first before taking any shorts. LTF wise price hasn't changed its market structure as well so any shorts is risky at the moment
Good luck traders. I'll see you shortly at London (unintended pun lol) 🥪🥪🥪