Today is a Bank holiday virtually everywhere, so expect low volume in the markets. I am open to the possibility of a trade today but spreads must be suitable.
No real high-impact news but be mindful of the US Manufacturing PMI at 14:45 GMT.
Market sentiment shows that buyers have slowly started to close out and sellers have increased. However, the sentiment still currently remains at 56% net long and 44% short.
If this supply level holds, sellers may take price all the way down into demand.
Do you think it will? 🎯
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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Please like, subscribe, and share this idea with others! ⬇️
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No real high-impact news but be mindful of the US Manufacturing PMI at 14:45 GMT.
Market sentiment shows that buyers have slowly started to close out and sellers have increased. However, the sentiment still currently remains at 56% net long and 44% short.
If this supply level holds, sellers may take price all the way down into demand.
Do you think it will? 🎯
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
--------------------------------------------------------------------------------------------------------
Catatan
TP hit with the team.
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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.