After seeing the price action of monday to wednesday, it gave a hint as to what to expect for today. Since i was expecting a consolidation reversal week i knew then that thursday will sweep monday to wednesday and do a reversal for today. Combining it with my multi timeframe analysis from daily to 1H with my entry in the 5m timeframe, i was able to capture this 1:7R trade for today...
For tomorrow my expectation would be an expansion friday candle going down targeting the daily +FVG to complete the ERL to IRL scenario...
For tomorrow my expectation would be an expansion friday candle going down targeting the daily +FVG to complete the ERL to IRL scenario...
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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.