Fresh suppply is waiting to test, if reject that area, price possibly go down
EURGBP looks like respect its quasimodo level on 1D timeframe, expecting a price push to create a new swing high before making a retracement for completing its wave
Price make a new LL after breaking SBR area at 0.85158 - 0.84694, if price respect the quasimodo level, i expect price will push up to quasimodo level area at 0.86414 - 0.85930 before continuing its drop
I see a QM Level on 1h Timeframe, if price can't close higher that resistance trendline, i expect price push down and make a new low
Price has broke its previous high, momentum still go up, but possible to push down if respect QM Level (Yellow Box), if price spike up because of fundamental thing, maybe this price is invalid
I see an QM Level on the Demand Daily, expecting price making a drop before completing its uptrend.
Expecting a drop after entering QML area on 4H Timeframe
I try to sell GBPJPY, the reasons are the price has made QML and respect the area, and it has grabbed imbalance area
Expecting price drop to quasimodo level, grab imbalance area ten push up to previous high
If Price respect QML area, Price will push up to its fresh supply area (93.579), then price drop again, or it will push higher to reach its another supply (98.709)
Price still push up to make a new swing high, then i expect it will retrace to make lower high, this idea valid if price respect its QML
I try to instant buy at QML area, expecting price will push up to previous High
In M30 TF it makes a new QM Level, so i try to sell and set my TP at its LL
There is an QML, price will drop if price respect that QML area
Buy zone area at QML, if price respect that QML area, price can push up to previous high
Price making a QML, after retracing to its QML area, price dropped to imbalance area then push up to its previous high
There is a QML on AUDUSD 4H chart, if price have made its new swing low, i expect price will make a retracement to its QML area for completing its drop