EURUSD
May 20
Parent range equilibrium
Previous range Premium
Parent Bias bearish
May 19 Delivery
*Sundays delivery price expanded from a discount to rebalanced Fridays inefficient delivered price.
*Asia opened on the 50 level of the current price leg.
*London gravitated to seek many equal highs and inefficient delivered price to stopped just shy of May 9 high.
*NY in a premium retraced to 50% of the price leg lowered into a discount and closed weaving back forth around the equilibrium.
Fantastic delivery. I have never read the candles so clear as I did yesterday. Tape reading, studying ghosting life is paying off! So grateful to be learning the coolest skill!
Did we create the high of the week?
Was that a run on buy stops because this pair is shifting to bear prices?
May 20 Idea
Logic says with price previous session taking buy side liquidity price will seek discount prices today gravitating to efficient delivered price and sell side liquidity.
NOTE price could consolidate today with a huge range previous day, no news can also sometimes present choppy days.
All elements of my model MUST be in play before I do anything today.
The day after a successful trade to be extra alert. Protect your gain.
Note price did not retrace to .618 just below the 50%.
May 20
Parent range equilibrium
Previous range Premium
Parent Bias bearish
May 19 Delivery
*Sundays delivery price expanded from a discount to rebalanced Fridays inefficient delivered price.
*Asia opened on the 50 level of the current price leg.
*London gravitated to seek many equal highs and inefficient delivered price to stopped just shy of May 9 high.
*NY in a premium retraced to 50% of the price leg lowered into a discount and closed weaving back forth around the equilibrium.
Fantastic delivery. I have never read the candles so clear as I did yesterday. Tape reading, studying ghosting life is paying off! So grateful to be learning the coolest skill!
Did we create the high of the week?
Was that a run on buy stops because this pair is shifting to bear prices?
May 20 Idea
Logic says with price previous session taking buy side liquidity price will seek discount prices today gravitating to efficient delivered price and sell side liquidity.
NOTE price could consolidate today with a huge range previous day, no news can also sometimes present choppy days.
All elements of my model MUST be in play before I do anything today.
The day after a successful trade to be extra alert. Protect your gain.
Note price did not retrace to .618 just below the 50%.
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.
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.