LRFX-GBPUSD UPDATE AFTER FOMC
Price broke previous structure and the buyers are not exhausted yet, Based on my own analysis I would wait and place my buy orders right at the QM Buy Zone
Potential Of The Zone:Bullish OB that broke the structure and left an imbalance+QM BUY LEVEL
So my prediction is price will go back to fill the imbalance and the bullish OB will push the price back on top price have the strength to push back on top due to liquidity swept and QM buy level
Conclusion: My prediction is price will fall to the imbalance to fill it and pump after reaching the QM Buy zone (Reason: QM Buy Area, Imbalance, LQ On Top of the QM Buy Area) And my analysis is based on GU and DXY
Note: This is my own analysis/idea, it doesn’t mean you have to agree with me
Potential Of The Zone:Bullish OB that broke the structure and left an imbalance+QM BUY LEVEL
So my prediction is price will go back to fill the imbalance and the bullish OB will push the price back on top price have the strength to push back on top due to liquidity swept and QM buy level
Conclusion: My prediction is price will fall to the imbalance to fill it and pump after reaching the QM Buy zone (Reason: QM Buy Area, Imbalance, LQ On Top of the QM Buy Area) And my analysis is based on GU and DXY
Note: This is my own analysis/idea, it doesn’t mean you have to agree with me
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