TradingView
Prodigy98
Jan 23, 2021 7:58 AM

GU - HTF Analysis  

GBP/USDOANDA

Description

Don't be sheep.

Comment

Comment

Comment

Comment

Based on the HTF, price is clearly range bound seeking liquidity to buy-side based off market structure. There's a weekly inefficiency that still needs be filled, along with a Weekly OB, which is the origin of the bearish expansion.

Going into next week, I expect price to reach for those weekly imbalances aggressively, trapping many retail traders in shorts. I would be very cautious on shorting this pair going into the end of the month.
Comments
amir514906
hi
More