H4 bearish, looking for a retracement into a deep discount to start buying.
As you can see, price is in a down trend's range and it's taking all the liquidity inside that range. The last point where liquidity rest is in the rectangle called Daily FVG and Daily OB . If price is rejected when it reaches the Daily OB I shall seek confirmations in lower timeframes that adecuates to my trading model and going short 'til $24k. Although...
Hello again, traders. Long time to not post anything over here. Since yesterday I had this operation opened. A nice short in WTI. My main entry was in the orange line but once I saw price was not going to reach it, I had to switch into LTF to seek a refined entry. At least, I was sure price was going to go down around that zone so I took my risk and pulled the...
I would like to price go & fill the fair value gap in Daily and neutralized all the Buyside Liquidity.
As wee see, price is respecting the OB and FVG area; until there is not a recapitalization and rupture of those price zones, I would not think on shorts. Let's see what price do.