Inducement of previous day liquidity with a downtrend forming (liquidity).
liquidity in the form of a trend. Its coming of a medium inducement so we must trade away from that zone. There is however an unmitigated poi that got left down there on purpose for this day.
Currently holding a 1:88 RR sells looking valid, due to news theres a possibility it could wick up to take the buy side liquidity then head down if that were to happen this is what the trade is most likely to look at.
Currently in test area of the UTAD of distribution. this means that sells are very valid.
Currently tokyo confirmed that we are in a trading range creating the SOW in Phase B of Distribution in the 5 minute time frame. sadly I coudlnt post that chart up which shows distribution in 4K because Trading view didnt let me share anything that had a lower time frame than 15 minutes. But with these lows printed, we can only assume that it will slowly move up...
possible longs, seems to be in distribution looking for buys to catch the making of UT
Sells to 1680. used poc, trend and location to target london's lows
small pullback of an uptrend to fill in the inbalance to continue with uptrend to the new highs.