Trading inside yesterday's move up and near the weekly opening price.
Currently inside a 15m+FVG on no volume so I'll be paying attention to this area for the time being. The times and sales and level 2 aren't showing anyone big trading for now, so we wait.
I'm neutral to bullish for the short term but if we trade near the daily and the 15m-FVG and reject, I don't mind reversing the position in the opposite direction.
Currently inside a 15m+FVG on no volume so I'll be paying attention to this area for the time being. The times and sales and level 2 aren't showing anyone big trading for now, so we wait.
I'm neutral to bullish for the short term but if we trade near the daily and the 15m-FVG and reject, I don't mind reversing the position in the opposite direction.
Note
Moving into the next 4H candle, if we are going to continue up, I would like to see a rejection off of the weekly open. I order to sell this low, I'd need to see a BOS and below the weekly open.Trade active
Sold below weekly open price with a target of the 15m+FVG. Partial of 80% Also buying within the15m+FVG with a target of the weekly open.
Trade closed: target reached
Target reached on the SellTrade closed: target reached
Trade closed: target reached: Bought retracement to the weekly and closed out all the trades in profit. Did not enter the continuation to the downside from the weekly open.
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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.