these are my projections for GBPUSD I expect the price to go down to any of the levels bcos the order below isn't valid to hold the price so this means the price will not stop there , Under it is a very strong level from higher HTF .
this level down there should create a valid order block from the present short with a massive move upward ,if this happens and price comes to test it it should take out all the liquidities above and imbalances to the higher TF order block above . from there we can experience a straight fall .
but remember market isn't predictive but reactive so we react as we see the price action. the scenario may change .
this level down there should create a valid order block from the present short with a massive move upward ,if this happens and price comes to test it it should take out all the liquidities above and imbalances to the higher TF order block above . from there we can experience a straight fall .
but remember market isn't predictive but reactive so we react as we see the price action. the scenario may change .