Currently, price is providing mixed sentiment in an area full of liquidity, and we are experiencing huge candles with big wicks, leaving tons of market inefficiencies.

It is very dangerous to trade these zones if you don’t have a deep understanding of how these moves work. It’s better to keep positions, entries, or even stop losses far from this area.

These zones are not valid ranges since we have previously rejected them multiple times, either acting as support or resistance. It is important to note that we are in new territories—price has never been this high in history—and we are trading based on what the market delivers in real time. We, as traders, need to adapt and react. Trying to predict will set your account balance to zero by positioning yourself in zones that have huge liquidity-grab potential.

Unless you are a trained scalper or are using hedge algorithms, this red area from $3,026 – $3,017 is acting as a huge magnet for stop-loss hunts, and price is only preparing for tomorrow’s news.

GDP has tons of potential to deliver an insane move, and you should not waste any chance of trading it!

If you mark your charts and position yourself with enough margin and correct sizing, you will benefit from any move. Price will move on both sides, and you have, at least, a 50/50 chance of making it. Myself? I’m a hedge, no stop-loss trader, so I’m definitely milking both sides of the move!