Price created a huge gap this week that I will be shifting my attention to going into this weeks trading. I want to keep an eye for how price will likely use this NWOG with lots of medium and high impact news coming into this week as well. No news today so I won't be expecting anything extreme for a casual Monday trade but more focusing on what clues price can leave us that will give us a clear direction for the remainder of the week.
Note
Price is still climbing higher above the NWOG going into Tuesday New York Session. We have medium impact news coming out @9 and also have medium impact news (CB Consumer Confidence) that will be tentative as well. I will like to keep my focus as bullish for the rest of this week and see if these news events could provide us a discount entry to continue long. Will only be interested in long setups to hold confidently and if any short setups present themselves I will enter cautiously and hold fleetingly.
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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.