GBP/USD -- BUY MONDAY!
Good evening traders
Crazy week with FOMC sweeping all of the liquidity then NFP in the same week!
I think we'll see a buy during Frankfurt open after a 'fakeout' down to lure sellers. There is a large imbalance that should be filled.
100+ pip potential, stretch target is the weekly point of control / zero side imbalance / structure level 1.2512
As always, monitor the price action on the LTF-- M1/M5 for entries.
Following that, we should sell off again-- the reversal is coming, but not just yet !
Good luck for the week ahead
Crazy week with FOMC sweeping all of the liquidity then NFP in the same week!
I think we'll see a buy during Frankfurt open after a 'fakeout' down to lure sellers. There is a large imbalance that should be filled.
100+ pip potential, stretch target is the weekly point of control / zero side imbalance / structure level 1.2512
As always, monitor the price action on the LTF-- M1/M5 for entries.
Following that, we should sell off again-- the reversal is coming, but not just yet !
Good luck for the week ahead
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.