Fair value gap was drawing liquidity. Price has traded through the equal highs. I am anticipating price to revert below.
We are seeing overbought sentiment condition.
Trade Criteria
1. Fair Value Gap.
2. New York Session.
3. Key level entry @1.32500
4. Sentiment is overbought.
Profit target is @1.31500 Fair Value Gap
We are seeing overbought sentiment condition.
Trade Criteria
1. Fair Value Gap.
2. New York Session.
3. Key level entry @1.32500
4. Sentiment is overbought.
Profit target is @1.31500 Fair Value Gap
Trade active:
entry @1.32600
Comment:
62% fib retracement. price range defined from 3rd march high to the low of previous week.