GU - HTF Analysis

2021년 1월 23일

Don't be sheep.

2021년 1월 23일

노트

2021년 1월 23일

노트

2021년 1월 23일

노트

2021년 1월 24일

노트

Based on the HTF, price is clearly range bound seeking liquidity to buy-side based off market structure. There's a weekly inefficiency that still needs be filled, along with a Weekly OB, which is the origin of the bearish expansion.

Going into next week, I expect price to reach for those weekly imbalances aggressively, trapping many retail traders in shorts. I would be very cautious on shorting this pair going into the end of the month.