Wednesday is often the reversal day into the back side of the week. This week the Wednesday did its job perfectly. When Monday broke the the high of previous week (inside week), it has a high probability to reverse to the other side of the inside week. Looking to hold this to the low of current week which was Monday or even to the other side of the inside week if the market gives it before Sunday candle closes,if not I will close at Sunday , or it could just rally back up and clean me out. Its ok, if it doesn’t hit the target, next week it still have a chance to continue the reversal back towards the low
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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.