GBPUSD Update
The drop to 1hr demand and the price did change in that area which is what I expected - although it was very choppy yesterday on its way back up to the 1hr Supply I'm not sure the drop is coming yet.
As much as I would love to see the lower areas of imbalance cleared out I will sit and wait for the right opportunity to present itself.
Note: If the Daily high gets broken with a candle closure then the short would be invalid - this area it is in now is a more probable area for sells down below 1.38000 -
DOES NOT mean it going to happen it's just from the way I am looking at the market structure. ALWAYS work out what Market Range you are trading in
As much as I would love to see the lower areas of imbalance cleared out I will sit and wait for the right opportunity to present itself.
Note: If the Daily high gets broken with a candle closure then the short would be invalid - this area it is in now is a more probable area for sells down below 1.38000 -
DOES NOT mean it going to happen it's just from the way I am looking at the market structure. ALWAYS work out what Market Range you are trading in
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