As we discussed earlier in the week...IF we held the current range lows we should expect a run back towards the buyside liquidity and possibly ATH (on the longer run).
We are currently back above the 4H FVG (yellow box). We are right into an imbalance so let's see how we trade from here.
IF we hold these current highs expect further pa to the upside.
IF we fail to hold these current highs expect us to retrace towards the 4H FVG.
PLAN...PATIENCE....EXECUTION
As always I hope you've had a great week and that your trading week was even greater.
As always...your bottomline of the week (positive or negative PNL) only represents your results for this week...
USE IT AS FUEL AND DISCIPLINE FOR THE REST OF YOUR TRADING JOURNEY.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
We are currently back above the 4H FVG (yellow box). We are right into an imbalance so let's see how we trade from here.
IF we hold these current highs expect further pa to the upside.
IF we fail to hold these current highs expect us to retrace towards the 4H FVG.
PLAN...PATIENCE....EXECUTION
As always I hope you've had a great week and that your trading week was even greater.
As always...your bottomline of the week (positive or negative PNL) only represents your results for this week...
USE IT AS FUEL AND DISCIPLINE FOR THE REST OF YOUR TRADING JOURNEY.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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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.
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.