This is a follow on from my analysis earlier today: 
The the estimated daily target at the first minor zone has been hit on Sunday open. The fact that the move was bought up so aggressively indicates that our next shorting location is higher up.
I am currently long from S1. I will update again in the morning, but it is highly likely we will develop a trending day on the Market Profile, but again, I will provide an update in the morning.
The the estimated daily target at the first minor zone has been hit on Sunday open. The fact that the move was bought up so aggressively indicates that our next shorting location is higher up.
I am currently long from S1. I will update again in the morning, but it is highly likely we will develop a trending day on the Market Profile, but again, I will provide an update in the morning.
Trade closed manually
Price is slightly above entry, HOWEVER, the trend on the 30M has now flipped bearish:Going to take my small profit here, and look for a breakout short below the current short term lows later in the day. Very interesting open for the week.
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Related publications
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.