MESU2022/6.14.22/AM/LIVE
6.14.22
-7%
Daily Bias:
Daily lows have been broken, expect consolidation. Price is in a discount. LTF's will show bias more clearly, but still bearish long term.
AM session outlook:
Price is range bound and swinging around open. Wait for stop runs outside the range to see where price will go.
Entry 1: Long/Loss/09:50
This was a good entry at a good place. My target was a bit zealous, and since it didn't break highs above, shows price wanted lower. Should have targeted open
Entry 2: Long/Loss/10:45
This was after a fair value gap and break in market structure. Break in market structure was only short term and filled in liquidity above to bring it down again. Looking like a bearish candle, did not see break in market structure long term.
-7%
Daily Bias:
Daily lows have been broken, expect consolidation. Price is in a discount. LTF's will show bias more clearly, but still bearish long term.
AM session outlook:
Price is range bound and swinging around open. Wait for stop runs outside the range to see where price will go.
Entry 1: Long/Loss/09:50
This was a good entry at a good place. My target was a bit zealous, and since it didn't break highs above, shows price wanted lower. Should have targeted open
Entry 2: Long/Loss/10:45
This was after a fair value gap and break in market structure. Break in market structure was only short term and filled in liquidity above to bring it down again. Looking like a bearish candle, did not see break in market structure long term.