Today is Friday so as always RISK MANAGEMENT is key to end the week and no need to overzealous. Just trade the market.
As you can see the weekly OB (red line) we noted earlier in the week played out pretty nicely and as expected and we are back towards the HTF buyside.
From here the market can go wherever it wants (as it always does) but it will ALWAYS SEEK LIQUIDITY.
IF we hold these highs we will continue higher
IF we fail to hold and close back within the range expect us to hunt the sellside liquidity
Trade the MARKET and what you SEE and NOT WHAT YOU WANT TO SEE THE MARKET DO
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.
As you can see the weekly OB (red line) we noted earlier in the week played out pretty nicely and as expected and we are back towards the HTF buyside.
From here the market can go wherever it wants (as it always does) but it will ALWAYS SEEK LIQUIDITY.
IF we hold these highs we will continue higher
IF we fail to hold and close back within the range expect us to hunt the sellside liquidity
Trade the MARKET and what you SEE and NOT WHAT YOU WANT TO SEE THE MARKET DO
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.
