GU in MMSP
GU looks to be in market maker sell model.
We hit the weekly bearish order block, price bounced off of this level.
Price retraced into a 1H bearish orde block and formed OTE on the 5M.
The 1H breaker should confirm the short setup, so we might get a decent break below the 1.5520 level, which will be retested.
If the break occurs when the "Second Estimate GDP q/q" news comes out and we get some downward pressure, we might retest the breaker zone during NYO.
I think we will head to the zone marked with OTE which aligns with the 4H bullish order block and is also a breaker block
We hit the weekly bearish order block, price bounced off of this level.
Price retraced into a 1H bearish orde block and formed OTE on the 5M.
The 1H breaker should confirm the short setup, so we might get a decent break below the 1.5520 level, which will be retested.
If the break occurs when the "Second Estimate GDP q/q" news comes out and we get some downward pressure, we might retest the breaker zone during NYO.
I think we will head to the zone marked with OTE which aligns with the 4H bullish order block and is also a breaker block
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