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EnvisionEJ
Aug 20, 2021 5:06 AM

The only way forward to is anticipate many options Short

Euro / U.S. DollarFOREX.com

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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
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