Per yesterdays close, the peak is officially locked and we can begin to look for opportunities long. There is the possibility that price could come back and text the peak which would put us in line with a mid-week reversal for wed. I'd be cautious with trading back toward the peak. The bigger grabs will be long.
Trade active
EU played out beautifully in London. Since we are now in L2, it’s okay to look for a short term sell durning the next session if an opportunity presents. To play it safe, wait for next buy opportunity and trade in line with the trend.
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.