valenpty

NEUTRAL WAITING SUNDAY'S GAP

FOREXCOM:GBPUSD   British Pound / U.S. Dollar
BASED ON SUNDAY'S GAP I'M EXPECTING THIS:
GAP DOWN, COULD MEAN THEY STILL NEED TO PICK ORDERS AT D OF CDR, REBALANCE FVG BEFORE EXPANDING ON THE UPSIDE
TO TACKLE BUYSIDE LIQUIDITY POOLS RESTING ABOVE 1.2950S AND 1.2980S.
IF THEY TACKLE FIRST THE BUYSIDE LIQUIDITY ON SUNDAY GAP THEN THEY INDUCE MORE SELLING BEFORE DROPPING TO D OF CDR TO
FINISH THE WEEK TACKLING THE 1,30 BF.
FIRST SCENARIO SEEMS MORE LIKELY DUE THE FACT THAT EG IS NEAR A SELLSIDE LIQUIDITY POOL BELOW PDL.

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