I anticipate a continuation of the upward trend and hope to witness a retracement of the price within a 50% range of the weekly trading range. When the price reaches this 50% mark during the week, there is a Daily +OB , and I would prefer to see that +OB level act as support.
If we observe a robust bullish market structure on the 15-minute timeframe, it will reinforce the expectation of a risk-off strategy at the beginning of the upcoming week.
If we observe a robust bullish market structure on the 15-minute timeframe, it will reinforce the expectation of a risk-off strategy at the beginning of the upcoming week.
Order cancelled:
will update a new idea after weekly close
for last 3 day of week i will be cautious going forward as we have cpi