Last weeks bias was bearish and although we have closed out bullish this week, the bearish PD array @ 4.126% - 4.104% which I was expecting has materialised.
This goes to show that you don't have to predict the weekly close. It's the draw on liquidity that is important.
This goes to show that you don't have to predict the weekly close. It's the draw on liquidity that is important.
Trade active
The probability that Monday has booked the lows for this week is high, as long as we can see a closure above 4.280%.
Current lows for the week is 4.152%.
Aiming for the daily SIBI FVG @ 4.339% - 4.390%
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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.