Hello traders, I suppose intraday sells for GU should be in play, like I analysed in previous published posts, the high we are at is a protected high. If price is slow then know CPI is incoming. Liquidity generation.
Hello traders, let's not be swayed into the trap of Choch. Recent BOS is bearish and to flip bullish we need to see a good measure of bullish candles on the daily time frame. My opinion for the incoming week is bearish. Watchout for my updates within the week.
Idea for the weekly move is sell to buy based on the recent break of market structure. Price has reacted from a Daily POI and given a bearish close. I want to see price take a bearish move all week to take liquidity in form of old swing lows where a Monthly POI is below, then possible buys from there.
BTCUSDT: Consider this setup, we have obvious buy side liquidity to be taken before the expected shorts. A high probable point of interest has liquidity being fed into it, possible entries from a 4H-Rejection block + Daily BISI.
