In the last video that i posted, i mentioned that we should be expecting a pullback from the demand zone. (Please refer to that video).
What i never mentioned and i actually overlooked it was the STB(SELL TO BUY) wick zone that was slightly below our zone of interest.
Price tapped into it and immediately reversed perfectly. If you were able to get into the buy trade, kudos. For those of us who waited for price to pullback into our supply zone, to sell, this is what NFP did.
Well there is still a chance we may get involved in the market but i'm a bit skeptical. If you managed to catch those sells, Congrats, i would still continue holding the sells until we get to the midrange of the Internal structure, at least 1.23386 there about.
That's it..... I'll see you on Monday. Happy weekend Fam
What i never mentioned and i actually overlooked it was the STB(SELL TO BUY) wick zone that was slightly below our zone of interest.
Price tapped into it and immediately reversed perfectly. If you were able to get into the buy trade, kudos. For those of us who waited for price to pullback into our supply zone, to sell, this is what NFP did.
Well there is still a chance we may get involved in the market but i'm a bit skeptical. If you managed to catch those sells, Congrats, i would still continue holding the sells until we get to the midrange of the Internal structure, at least 1.23386 there about.
That's it..... I'll see you on Monday. Happy weekend Fam
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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.