Good morning everyone,
Today we are trading within a discount area, and therefore I will be looking for long opportunities targeting the equilibrium (50% of the range) measured from last week’s highs (ATHs). In addition to that, my main focus is on the imbalances left behind by yesterday’s price action, which remain an important target 🎯. The equal highs I have marked on the chart are also in play — provided that price finds support within the blue zone just below the equal lows.
Naturally, I will only look for this opportunity once the market opens after 09:30 AM NY time.
Wishing you all a disciplined and successful trading session.
⚠️ Disclaimer: This analysis reflects personal market observations and is for educational purposes only. It does not constitute financial advice.
Today we are trading within a discount area, and therefore I will be looking for long opportunities targeting the equilibrium (50% of the range) measured from last week’s highs (ATHs). In addition to that, my main focus is on the imbalances left behind by yesterday’s price action, which remain an important target 🎯. The equal highs I have marked on the chart are also in play — provided that price finds support within the blue zone just below the equal lows.
Naturally, I will only look for this opportunity once the market opens after 09:30 AM NY time.
Wishing you all a disciplined and successful trading session.
⚠️ Disclaimer: This analysis reflects personal market observations and is for educational purposes only. It does not constitute financial advice.
F.P.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
F.P.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.