Hello Traders!
As we can see price swept last weeks high and has quickly displaced lower.
Why is that?
Whenever price runs a significant high or low that gives smart money the opportunity to short or long.
However, they will do it during certain times of day and during news events.
I do not want to see price return back to SOP and stay above it by the tomorrow's New York Open.
London Close I would look for opportunities of the market capping its range expansion(making high or low of the week).
If price has also reached the 3 day average pip range I would expect less movement by the weekly candle.
As we can see price swept last weeks high and has quickly displaced lower.
Why is that?
Whenever price runs a significant high or low that gives smart money the opportunity to short or long.
However, they will do it during certain times of day and during news events.
I do not want to see price return back to SOP and stay above it by the tomorrow's New York Open.
London Close I would look for opportunities of the market capping its range expansion(making high or low of the week).
If price has also reached the 3 day average pip range I would expect less movement by the weekly candle.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.