Price is at Equilibrium from the intermediate-high to the low made on the Previous Day. We have purged the Previous Day's High in Asia triggering Buyside liquidity. Long-term bias from the Daily is bearish. I anticipate London Open to deliver price lower to targets below the short-term range made on Monday.
used FVGs for potential targets and 5M for final target
used FVGs for potential targets and 5M for final target
Trade closed: target reached:
Smile and wave, smile and wave. Targets achieved for the day.
Be safe
Be safe