A peak was made when price was almost at 35000 and it has been bearish ever since, currently price is forming a bearish penant pattern that I expect that price will fill the imbalance at 33750 before it sells to 31700.
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Just a little push into 33750 and we will short to 31720
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Price have gotten to our imbalance zone, and we can see on the H4 that it is forming a double top. so if checklist are met, we will get to sell.
Order cancelled
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Look how the price delayed before the fall, now I'm expecting price to head back to the imbalance zone as a point of resistance for more bearish move.
Dont even give up on this trade neither. Try this structure work tomorrow you're going to be paid! CPI is going to send it to he floor
Superstarsony_05
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@NlmTrading0317, Didn't seem to happen as expected, the daily prove to be bullish and the structure on H4 have changed to be so.
GiftedInvestor
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@Superstarsony_05, it happened. Just spiked up then did it. Still a good trade in my hands bro! Learn liquidity sweeps
Superstarsony_05
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@NlmTrading0317 Liquidity sweeps? where can I lay hands on them?
GiftedInvestor
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@Superstarsony_05, look on YouTube bro. Liquidity sweeps are just like market manipulation. Taking out all orders by faking a certain direction, then going the direction you thought. Just had to manipulate first
Superstarsony_05
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@NlmTrading0317, Alright, thanks a lot, I will check it out.