We've broken out of the HTF range (green line) we noted earlier. Let's see where the market wants to go from here.
A lot of liquidity resting below the current levels so let's see IF we continue hunting it.
IF we hold the current levels expect some retracement to the obvious buyside liquidity.
Will see how we react around the LTF OB (red line) and will be looking for trades from around here. Willing to play both sides of the market as we've purged most of the liquidity on both sides (buyside and sellside)
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.
A lot of liquidity resting below the current levels so let's see IF we continue hunting it.
IF we hold the current levels expect some retracement to the obvious buyside liquidity.
Will see how we react around the LTF OB (red line) and will be looking for trades from around here. Willing to play both sides of the market as we've purged most of the liquidity on both sides (buyside and sellside)
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.