ETH Update - 02.09.2024 / Local Update

At 4h: we observe trading under the lower boundary of accumulation and formation of seller and liquidity imbalance zones from above behind the highs and the upper boundary of accumulation.

At 1h: here I expect either a liquidity re-sweep from the low or an inversion and a move to liquidity at the local high.



Stick to your risk managment!