We are back within the HTF range on US 100 as we will soon have Fed Jerome Powell talking around 12:10 (NY time)
Looking for some nice manipulation and harder moving market as most of the time Powell speaks. Regardless FOLLOW THE MARKET, TRUST YOUR SYSTEM AND RISK MANAGEMENT
Looking to see how we react around the imbalance (red box) and the current LTF range lows.
IF we hold the current levels we should expect further expansion towards 18360
IF we fail to hold these levels we will revisit the sellside liquidity around 18065
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Looking for some nice manipulation and harder moving market as most of the time Powell speaks. Regardless FOLLOW THE MARKET, TRUST YOUR SYSTEM AND RISK MANAGEMENT
Looking to see how we react around the imbalance (red box) and the current LTF range lows.
IF we hold the current levels we should expect further expansion towards 18360
IF we fail to hold these levels we will revisit the sellside liquidity around 18065
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
