GU Structure still Bearish biased!!!
look at how it has created trend and set out the protected highs in Trends within Trends, so this is telling us that we might be sell biased when trading the GU until it shows us that it is reversing.
So lets go the LTF and see what are the structure saying and put your mind to the bias of the market and take advantage of the...
The daily candle closed above the 50 % of the fib while it was in the demand zone of a daily trend and closing in the premium level, it means that the opening candle will dip to the discount level and grab a deman , or fvg to continue up.
As we can see that gold in a bigger trend of daily we are bearish and looking at h1 we can see the LHs being created and left as liquidty and we went to grab all the liquidity and ended up creating double tops that the reatils might have utilised but we are going to use that as to grab the order block but not breaking the protected low of the trand and go to the...