Here is a quick look into the range I have been trading so far today on US 30. Been taking shorts scalps on the LTF all within the HTF range.
I've noted the buyside imbalance and the sellside imbalance (black lines) and these have formed the 'range' so far.
Will be looking to see how we play from here until the NY open.
IF we fail to create new highs from here expect further pa to the downside targeting the HTF FVG (yellow box) and the HTF sellside (red line)
IF we fail to break lower expect us to head back towards the buyside liquidity.
As always be PATIENT...PLAN and EXECUTE. Wait for the market to show you its hand and follow it.
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.
I've noted the buyside imbalance and the sellside imbalance (black lines) and these have formed the 'range' so far.
Will be looking to see how we play from here until the NY open.
IF we fail to create new highs from here expect further pa to the downside targeting the HTF FVG (yellow box) and the HTF sellside (red line)
IF we fail to break lower expect us to head back towards the buyside liquidity.
As always be PATIENT...PLAN and EXECUTE. Wait for the market to show you its hand and follow it.
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.
