We had a breakout to the upside from the ranging market but NFP made it come back to the mid-range zone.
Here the candle confirmation is very vital, there are 2 possibilities, price completing the inefficiency caused due to NFP and continue rising or even drop for common demand zone (bottom green line) and make it way back up for the supply.
Anyway, we go long on the best confirmation we get.
Apply strict risk management.
We aim for another great week.
Here the candle confirmation is very vital, there are 2 possibilities, price completing the inefficiency caused due to NFP and continue rising or even drop for common demand zone (bottom green line) and make it way back up for the supply.
Anyway, we go long on the best confirmation we get.
Apply strict risk management.
We aim for another great week.