My weekly bias is for price to trade up to previous weeks highs, but Mondays price action has me leaning towards a pullback before we trade up mid/late week.
Today's candle was quite bearish, so I am looking for price to trade down to Monday's lows, and possibly trade into the untapped lows from several daily candles formed last week.
I want to see price trade into and respect a bearish premium array to trigger me to look for short entry on m5/m15.
Today's candle was quite bearish, so I am looking for price to trade down to Monday's lows, and possibly trade into the untapped lows from several daily candles formed last week.
I want to see price trade into and respect a bearish premium array to trigger me to look for short entry on m5/m15.
Trade closed: target reached
Went to target, but didn't give the pullback I was looking for in order to get short.
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Email tradiustrades@gmail.com for access to my free Discord.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.