- Macro trend wise, we are bearish - Price has stalled with the bearish continuation last week - Price may first tap into the H4 FVG that was created last week for internal liquidity before a continuation down to the weekly and Monthly liquidity targets below - However, if price taps into the H4 FVG, and fills the entirety of it, and further close up on the daily pivot, we will be moving further up for a deeper retracement and tap into the Daily FVG instead before a continuation to the downside - Asia session will be critical for intraday price direction and London session will show its hand.
Remember to manage your risk accordingly and only enter trades at ideal areas.
EURUSDNZDUSD election dust is settling. Lots of time for traders digest last week’s moves. Do we find premium price this week before dropping? What are your thoughts?