Good morning ladies and gents, today on GU I’m a bit unclear, we seen our sell off from daily supply taking out levels of H4 demand, however we still haven’t tested H4 supply to confirm our H4 trend reversal, technically we could turn bullish again. We are now are a level of H4 demand, we could continue to break this level and take out the daily low which originally looked like a sweep (indicated by the red line). However this level could hold and turn bullish to test a level of supply, the only key level of supply I’m interested in is at the extreme, I have marked out the intermediate as we may manufacture liquidity at this point showing a catalyst for pullback.
I will away for the M15 to break out and give us some clearer intent.
anyway thanks for checking my ideas out.
I will away for the M15 to break out and give us some clearer intent.
anyway thanks for checking my ideas out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.