Confirmations
Market structure
Institutional candle highlighted in yellow
Fib levels are between 62 - 88%
Imbalance below
4 out of my 5 criterias have been met which has made this trade for me a high probable set up, i am expecting price to go higher to atleat 50% of the institutional candle which is where my second entry is however right now price seems to be coming down.
With the interest rate coming out later today i suspect to see a lot of ranging movement. This may mean that i may have to exit my trade taking money off the table and find a new entry after the rate has been announced.
I have provided a market outlook on a range of pairs for this week aheadhttps://youtu.be/CZjMJYHyIFs
Market structure
Institutional candle highlighted in yellow
Fib levels are between 62 - 88%
Imbalance below
4 out of my 5 criterias have been met which has made this trade for me a high probable set up, i am expecting price to go higher to atleat 50% of the institutional candle which is where my second entry is however right now price seems to be coming down.
With the interest rate coming out later today i suspect to see a lot of ranging movement. This may mean that i may have to exit my trade taking money off the table and find a new entry after the rate has been announced.
I have provided a market outlook on a range of pairs for this week aheadhttps://youtu.be/CZjMJYHyIFs
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.