We have built lots of orders above the current area on the daily downtrend. However I will still be looking for this trend to continue. We have 2 great target areas for selling above, ranges within ranges. This fits with the narrative to fill the imbalance lower before the bullish move to the upside can take off. I am favouring the short currently as this fits...
Looking for both shorts and longs in todays chart, 3 key areas I will be targeting currently marked Price has ranged nicely through the Asian session and preferably I will be looking to short with the sweep and mitigation of the range above current Pa However we do have an excellent long area from the 1hr range which was never fully mitigated, I an expecting this...