Gooooood Morning Tradingview 🌄
So for today, no surprise to anyone, I am staying patient 😌 what I would like to see is price reach back up to the orange 5m LQZ, preferably creating some form of structure like a flag, before entering.
I do see more of the same, bearish momentum towards the Daily LQZ that never got touched this week.
If I "miss" my entry no bjg deal. We have news for the rest of the week with FOMC this Friday- yay! 🤗
As we can see price is inside of a nice descending (parallel) channel - inside of a larger descending parallel channel. I can see price possibly pushing up to create that 3rd touch before melting, but this is a lot of speculation and (educated) guess work on my part.
This is a good thing, knowing what to look for before entering. However, I am happy to stay out of the market today if need be to allow price to truly pick a direction.
🌟 As always
PIPs Over Profits 💰
I love y'all ✌🏾
So for today, no surprise to anyone, I am staying patient 😌 what I would like to see is price reach back up to the orange 5m LQZ, preferably creating some form of structure like a flag, before entering.
I do see more of the same, bearish momentum towards the Daily LQZ that never got touched this week.
If I "miss" my entry no bjg deal. We have news for the rest of the week with FOMC this Friday- yay! 🤗
As we can see price is inside of a nice descending (parallel) channel - inside of a larger descending parallel channel. I can see price possibly pushing up to create that 3rd touch before melting, but this is a lot of speculation and (educated) guess work on my part.
This is a good thing, knowing what to look for before entering. However, I am happy to stay out of the market today if need be to allow price to truly pick a direction.
🌟 As always
PIPs Over Profits 💰
I love y'all ✌🏾
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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.
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.