We did get the internal leg down that I mentioned which needed a revised mapping but besides that, not much has changed from the last forecast. I've marked some lighter green zones as areas that may be used as to bounce price as the liquidity is engineered.
Yesterday I mentioned that if we close above the H4 IFC candle then we could be in for some bullish behaviour (tradingview.com/x/3g3Yfhxt). Well that high became an inducement (tradingview.com/x/vdpzZ0V6/) when we took the high and closed below it and in addition, we have engineered liquidity under that level in the form of equal highs, priming it up for a sweep. This is on the H4 level so really, we could expect a day akin to Tuesday with some bullish price action during London and then NY sends us down.
We have data coming at 12:30 UTC which may give us some volatility.
I'll be around tomorrow and I'll drop updates as and when.
Yesterday I mentioned that if we close above the H4 IFC candle then we could be in for some bullish behaviour (tradingview.com/x/3g3Yfhxt). Well that high became an inducement (tradingview.com/x/vdpzZ0V6/) when we took the high and closed below it and in addition, we have engineered liquidity under that level in the form of equal highs, priming it up for a sweep. This is on the H4 level so really, we could expect a day akin to Tuesday with some bullish price action during London and then NY sends us down.
We have data coming at 12:30 UTC which may give us some volatility.
I'll be around tomorrow and I'll drop updates as and when.
Note
Good morning traders, I hope you slept well. Today I will be looking for a path that price will take to absorb orders before taking the low. I am still looking at the H4 sweeps for the big move but some nice little intraday ping pong trades would be great cash grabs. The zones marked SMT are where I'll be looking for reactions. Note
Incidentally, zone 2 has ben swept at this point and given a small reaction. The liquidity was taken from the Asian high at the same time. It's not even worth reaching for the weapon at thatNote
Not eliminating a potential sweep of the Asian highNote
I'm unlikely to get triggered on the small buy order. I waited too long for confirmations but no trade is better than a loss IMO. I think we will see lots of opportunity todayNote
Just to reiterate, the Asian high is still a negative factor on the sellNote
I'm done for the morning, see you in NY folks <3Vagrant market bully.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Vagrant market bully.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
No course and no challenge passing, please don't ask. Luck is what happens when preparation meets opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.