IDPA price action since after the market reached for the PWH @21,546 (light purple line ) ... it created a higher high above last weeks high but it was not strong enough to chase the actual structural high@ 21,876 to confirm a full bullish scenario
NFP is tomorrow and one thing is for sure is that theyve been ranging for thes few days which to me means we're more likely to see whip saw considering the nature of the market and where the most stops reside,
in this case am looking to see Wednesday's high being swept during of after the NFP before confirming a sell scenario for this index ( ill be checking out the S&P500 for which is most pooled towards wednesdays high and utilize SMT )
DAILY LEVEL = daily upclose candle before large bearish candle *this is the same range that swept last week's highs and quickly reversed away from *
** i dont enter the initial reaction i wait to see is the level being respected with proceeding downclose candles below upclosed ones?**
