Here's my BIAS for GU. BULLISH for the week.
GU has been in a bullish order flow for the past
few weeks.
Late last week on Friday, price tanks to balance
the market and take out any buy stops along the way.
Price came back beautifully to a daily order block
and rallied off, however, I am anticipating a lower
run on stops to create the weekly low either early
MON, TUE or possibly WED.
I will be hunting for my entry in the London open, New York open or London close.
Most of my trades are intraday, but I plan on having a small position to swing through the week.
I'll be targeting the recent weekly swing high.
Eventually, I'm anticipating a run on higher equal highs as I believe the institutions will be targeting those highs.
I usually share the Daily chart for my bias but I wanted to take a closer look at more defined 4h structure and find areas where institutions may be targeting to take out any buy side liquidity.
Happy trading and Good luck this week!
GU has been in a bullish order flow for the past
few weeks.
Late last week on Friday, price tanks to balance
the market and take out any buy stops along the way.
Price came back beautifully to a daily order block
and rallied off, however, I am anticipating a lower
run on stops to create the weekly low either early
MON, TUE or possibly WED.
I will be hunting for my entry in the London open, New York open or London close.
Most of my trades are intraday, but I plan on having a small position to swing through the week.
I'll be targeting the recent weekly swing high.
Eventually, I'm anticipating a run on higher equal highs as I believe the institutions will be targeting those highs.
I usually share the Daily chart for my bias but I wanted to take a closer look at more defined 4h structure and find areas where institutions may be targeting to take out any buy side liquidity.
Happy trading and Good luck this week!
Comentário:
GU moving beautiful today. Price came down to my OTE and I entered my swing trade and also caught a nice intraday trade. I’ll be targeting previous day highs
