Price traded up into a weekly sale side imbalance last week so my bias for this week will be bearish and I believe that we will have a down close weekly candle.
When the market open price gapped up leaving a volume imbalance. I also believe that interbank sellers push price up into a premium fair value price in order to sell short. That's my buyers for the week I am an intraday trader so I will be looking for shorts in between London open and London close specifically looking for entries at New York open between 8:30 a.m. to 9:30 a.m. I hope you find this insightful trade safely.
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