Bulls look like they're staring to lose volume inside this weekly supply zone, after almost 3 months of trending bullish are we looking at a potential trend reversal?
Today i'll be anticipating a fakeout to the lows before closing back inside the 1/4H range and then testing previous resistance, however if price breaks down and closes below current supply i'll be...
Whats up guys, waiting for a clean break of 159.925 on the 1H and depending on the size of the break will determine if i enter on the break or wait for the retest!
However if price fakes us out with structure from the LOD i'll look for buys, all broken down in the vid!
Let me know your thoughts!
Getting used to this recording tool, its super fun! (Didn't realize it was recording for the first 7 seconds) 🤣
Here's what im looking at on GJ today, let me know your thoughts!
Gold - PA a little choppy, still looking for buys overall, there was a nice entry there from the demand mitigation a few hours ago on the engulfing. (I was sleeping though) but marked it for reference, Im waiting to see what price does at the HOD, if we make structure above 1875.300 i'll look to buy towards the weekly S/R, I wont be looking for any longer term...
