Good day traders, we back with GBPAUD here we have a beautiful setup we looking to take advantage of.
On the 4 hour timeframe we can see a clear volume imbalance and price is currently trading around it, as long price continues closing below the midpoint of that VI than we have a strong bias lower.
On the 15 timeframes we can clearly see how price re balance the volume imbalance and from the same TF we have a shift in structure too
On the 4 hour timeframe we can see a clear volume imbalance and price is currently trading around it, as long price continues closing below the midpoint of that VI than we have a strong bias lower.
On the 15 timeframes we can clearly see how price re balance the volume imbalance and from the same TF we have a shift in structure too
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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.