Yesterday the daily range was 122 pips whilst the 20-day ADR was 142 pips. There was a miss in daily range even though 20 pips for this beast could be considered a hit. (Discretionary analysis red flag!), I am NOT anticipating a price expansion today (price exceeding the daily ADR range).
Having said though, I am looking at the liquidity pool around 134.00 - 134.20 and 133.30 and 133.50. If price enters in the zone, that is a bullish activation and I will wait for a bullish trigger before I could enter Long the beast.
There are no risk events for the U.K and Japan
Having said though, I am looking at the liquidity pool around 134.00 - 134.20 and 133.30 and 133.50. If price enters in the zone, that is a bullish activation and I will wait for a bullish trigger before I could enter Long the beast.
There are no risk events for the U.K and Japan
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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.