Pairs are developing as anticipated and still holding GBPJPY LONG after a near miss of my stop loss order. I'm anticipating a rally on the dollar heading into Wednesday's trading session as price has now broken out of the range but I do see the rally as a liquidity grab within the 1D Order Block before we sell off as part of a larger correction post the bullish NFP rally.
With this in mind, my bias for Wednesday's trading sessions are as follows:
1. EURUSD - SHORT
2. AUDUSD - SHORT
3. GBPJPY - LONG
4. USDJPY - LONG
Be conservative with your take profit levels as you'll potentially be trading an inducement before the primary distribution for the week.
With this in mind, my bias for Wednesday's trading sessions are as follows:
1. EURUSD - SHORT
2. AUDUSD - SHORT
3. GBPJPY - LONG
4. USDJPY - LONG
Be conservative with your take profit levels as you'll potentially be trading an inducement before the primary distribution for the week.
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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.