As you can tell from our entry, we were looking to target the PDL during the London Open.
Price reached PDL before London, hence we are playing the reverse. Meaning we are bullish due to price reaching our daily imbalance.
The Big question is, will it respect it and give us the bullish meat we asked for?
Price reached PDL before London, hence we are playing the reverse. Meaning we are bullish due to price reaching our daily imbalance.
The Big question is, will it respect it and give us the bullish meat we asked for?
Trade active
Trade closed: stop reached
Bad day at the office. Let's see how price will play out throughout the day.Note
Potentially price delivered high during New York Session. Overall the analysis was quite straight forward plus entry.
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Related publications
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.