EURUSD Santa came early with the high of the week
On Monday I was anticipating a Wednesday high of the week. But as we got more data, the candles are showing that tomorrow will give us a retracement into the 62-80% levels of the current displacement leg. The 1h ob/bpr range would be a nice target for the news to wick into before declining lower.
That's something that I really like in the markets. Each day I have to adapt. I have to be neutral and let go ideas even tho I thought are high probable. Candles are printing each day, and we have to take into consideration every new data point on our chart.
All in all I'll have levels in mind to watch tomorrow. And ofc still full margining into news like real men do. Price would never go for Tuesdays high right? Or would it?!
Ok byyyyy! (be safe!!!)
That's something that I really like in the markets. Each day I have to adapt. I have to be neutral and let go ideas even tho I thought are high probable. Candles are printing each day, and we have to take into consideration every new data point on our chart.
All in all I'll have levels in mind to watch tomorrow. And ofc still full margining into news like real men do. Price would never go for Tuesdays high right? Or would it?!
Ok byyyyy! (be safe!!!)