GU = Clean

V setup is very prominent with the trade, it’s esentially a market maker model but in an evolution of a V.

If I were to split the chart, it would mirror the price action and structure on the other side. Price had a strong break down but has shown a potential shift in structure to the upside as we seek more liquidity. We had a low resistance liquidity run but may require more in-order to continue the bearish push.

An FTR has been printed as well - which indicates there are orders being accumulated in this region and the probability of a push up has increased. Our confluences are aligning.

I would like to see a manipulation of LTF liquidity before entering here

The asian range (blue box) is offering good potential liquidity for us to manipulate. Will keep an eye for an entry model around these areas before placing an order for fill. Another 25m more until London open.

So far:

-V setup

-FTR on 8hr

-4hr FVG (rebalance)

-HRLR on sellside - requires more liquidity before drop - we aim for buysided Liq + rebalance potential

Limit order placed under Asia lows - have to get off chart so it will suffice. ONWARDS.

News is on Thursday so position may be held until then potentially, but I anticipate the first Liq zone to be wiped out today.