Wednesday, 4 February 2015

Missed Convergence of Supply on GU

Into: Actually a little under the weather so not beating myself up too hard for this but wanted to document this observation as I would love to capitalize on something similar in the future.

Idea: GU H4 trend down, price rallied to H4 supply (even D1 supply level), M30 price put in a top creating M30 supply then M5 price rallied to this M30 top/supply level (in an H4 supply level!) for a strong M5 short. see below...



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