Even though previous week was pretty bullish I still expect the bearish trend will continue and it will keep taking out the weak lows.
The move during NFP didn't really give a clear signal what direction price wants to go, we'll see during CPI upcoming Wednesday I guess.
I would like to see the imbalance to get filled first with a nice rejection which will break the last structure before I will be looking for new shorts.
The move during NFP didn't really give a clear signal what direction price wants to go, we'll see during CPI upcoming Wednesday I guess.
I would like to see the imbalance to get filled first with a nice rejection which will break the last structure before I will be looking for new shorts.
Trade closed: target reached:
TP hit!