GU has followed the other flow to the down side. both entries were within the 78 fibs ans 50 percent of the last bearish candle before the break of structure in small time frames. Gu continues to be Bearish until we see a break of a Daily High
GU is Short and looking to fill some orders to the down side.
looking for a short on different levels at 1.3600, 135800, 1.36250. Im waiting for London Open to see some price action to come back to the 1.36000 area. waiting ti see if after news release tomorrow, price could break the distribution cycle.
TWe were able to get 3 entries. the 3 of them hit the 61% on the fibonacci retracement . I marked the Fibonacci from the body of the candles on the 1hr.
Saw an Imbalance on GU this morning after London Opening, The idea played out around 9am EST. Price retraced to the imbalance and continued moving to the upside.
XAUUSD created a text book entry at the beginning of the year. Inst move with 2 bullish candles followed by a very bearish candle.
Had this idea where GU filled the imbalance at the 50%, which is under equal lows. Price Action love those areas.
I would like to see GU reacting to the 1.36000 level and then become Bullish.
Dollar made a higher high, looking for a retracement to then continue to the upside. We might see some bearish GU and EU.
Price takes liquidity after a "double top"
Entry from the 50% institutional move and the quarter point level. Waiting to see what kind of price action NAS100 will have in the next hours.
S$P bearish on the hour but bullish in 15 min. waiting to see a reaction on 3129 for a buy to sell scenario.
Price needs to come down to mitigate previous levels. I will be watching to see more price action.
Bitcoin revisited a small area where there was minimal sells creating a gap. SInce price needed to return to the same value, It was a great entry
Price revisited an institutional candle making a Lower low.