Good Morning traders!
Todays forecast is fairly similar to yesterday, I will keep it short and sweet
We are still contained in the 4hr and 1hr sell ranges-price has simple ranged the past 2 days.
This means orders have been built in at current price so we should expect a move, when this will be, I can't say but I will be ready.
Looking at the current PA, a sweep of the Asian session highs into the unmitigated range roughly 10pips above current PA could give a great sell opportunity. Likewise the same sweep into the higher range would be excellent, but I find this less likely.
We have also built some liquidity under the current PA seen with the blue LQ line.
I wont be rushing into the markets today and will let price show its hand first.
As always happy trading
EnvisionEJ
Todays forecast is fairly similar to yesterday, I will keep it short and sweet
We are still contained in the 4hr and 1hr sell ranges-price has simple ranged the past 2 days.
This means orders have been built in at current price so we should expect a move, when this will be, I can't say but I will be ready.
Looking at the current PA, a sweep of the Asian session highs into the unmitigated range roughly 10pips above current PA could give a great sell opportunity. Likewise the same sweep into the higher range would be excellent, but I find this less likely.
We have also built some liquidity under the current PA seen with the blue LQ line.
I wont be rushing into the markets today and will let price show its hand first.
As always happy trading
EnvisionEJ
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.