Liquidity Above is taken out.
The price is holding under the order block, can be seen as a resistance.
Because there is no FVGs, it's not a High conviction area to short.
However, the risk to reward ratio seems good (3:1).
Seems like it's consolidating right now, and I feel that the real move will come
tonight NEWS 9.30pm Durable Goods Orders m/m
11.00pm CB Consumer Confidence.
Nvidia seems like cooling-off too. I feel that Nvidia's recent +15% in a day is an overreaction.
It should be retraced downwards.
The price is holding under the order block, can be seen as a resistance.
Because there is no FVGs, it's not a High conviction area to short.
However, the risk to reward ratio seems good (3:1).
Seems like it's consolidating right now, and I feel that the real move will come
tonight NEWS 9.30pm Durable Goods Orders m/m
11.00pm CB Consumer Confidence.
Nvidia seems like cooling-off too. I feel that Nvidia's recent +15% in a day is an overreaction.
It should be retraced downwards.
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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.