Will GBPUSD RETRACE THAT WHOLE DAILY TF CANDLE IMBALANCE????????
Price moves for TWO reasons
1. Liquidity
2. Imbalance
On the daily TF there is over a 200 pip IMBALANCE. (pull it p and see for yourself lol)
A retrace is due.
GBP should LONG to fill 45-50% of that imbalance.
My 1st TA is 45-50% of retrace into Daily Imbalance candle.
After that monitor the DXY closely to identify if she will continue the trend UP or CONSOLIDATE and break to the down side.
Never over leverage.
Trust your trade set up.
Have fun!
#TradingMadeSimple
1. Liquidity
2. Imbalance
On the daily TF there is over a 200 pip IMBALANCE. (pull it p and see for yourself lol)
A retrace is due.
GBP should LONG to fill 45-50% of that imbalance.
My 1st TA is 45-50% of retrace into Daily Imbalance candle.
After that monitor the DXY closely to identify if she will continue the trend UP or CONSOLIDATE and break to the down side.
Never over leverage.
Trust your trade set up.
Have fun!
#TradingMadeSimple