The only way forward to is anticipate many options
Good Morning traders!
Todays forecast is fairly similar to yesterday, I will keep it short and sweet
We are still contained in the 4hr and 1hr sell ranges-price has simple ranged the past 2 days.
This means orders have been built in at current price so we should expect a move, when this will be, I can't say but I will be ready.
Looking at the current PA, a sweep of the Asian session highs into the unmitigated range roughly 10pips above current PA could give a great sell opportunity. Likewise the same sweep into the higher range would be excellent, but I find this less likely.
We have also built some liquidity under the current PA seen with the blue LQ line.
I wont be rushing into the markets today and will let price show its hand first.
As always happy trading
EnvisionEJ
Todays forecast is fairly similar to yesterday, I will keep it short and sweet
We are still contained in the 4hr and 1hr sell ranges-price has simple ranged the past 2 days.
This means orders have been built in at current price so we should expect a move, when this will be, I can't say but I will be ready.
Looking at the current PA, a sweep of the Asian session highs into the unmitigated range roughly 10pips above current PA could give a great sell opportunity. Likewise the same sweep into the higher range would be excellent, but I find this less likely.
We have also built some liquidity under the current PA seen with the blue LQ line.
I wont be rushing into the markets today and will let price show its hand first.
As always happy trading
EnvisionEJ