No news on Monday, so skipping that. Waiting till Tuesday 8:30 AM CPI.
For now I'm at least waiting for a sting up into the daily gap. If we get further upside, the most I allow price to go higher (maintaining a bearish bias is the Weekly inversion fair value gap. Anything above that indicates that price will seek for buyside. That is the invalidation line. The ideal max move up is to the Daily low, where Price has offered fair value.
It has been seeking liquidity. So now anticipating a rebalancing move before further run for sell-side.
Ok byyyyy
For now I'm at least waiting for a sting up into the daily gap. If we get further upside, the most I allow price to go higher (maintaining a bearish bias is the Weekly inversion fair value gap. Anything above that indicates that price will seek for buyside. That is the invalidation line. The ideal max move up is to the Daily low, where Price has offered fair value.
It has been seeking liquidity. So now anticipating a rebalancing move before further run for sell-side.
Ok byyyyy