Overall bias coming into the first trading day of the month is still definitely bearish.
I'm looking for price to retrace a bit before getting in on a sell order.
Patiently waiting for signs of exhaustion/reversal near previous structure highs on the lower TFs along with confluence around the 38.2 fib level drawn out which falls in a supply/demand zone.
Happy trading and see you post NY session!
I'm looking for price to retrace a bit before getting in on a sell order.
Patiently waiting for signs of exhaustion/reversal near previous structure highs on the lower TFs along with confluence around the 38.2 fib level drawn out which falls in a supply/demand zone.
Happy trading and see you post NY session!
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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.