Here is what I am looking for in OP this week IF it sets up.
The ranges are clearly indicated and respected so far. We are currently pricing up above the first Monday (of September) open (these pa moments tend to be traps and create the wicks on the higher timeframes).
You do not want to get front ran on the move so wait for pa and the market to show you what it wants to do and the ACT UPON IT.
I will come back to the idea later in the day/week IF we get the set up. Feel free to analyze how pa is going to react and to understand the why's.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
The ranges are clearly indicated and respected so far. We are currently pricing up above the first Monday (of September) open (these pa moments tend to be traps and create the wicks on the higher timeframes).
You do not want to get front ran on the move so wait for pa and the market to show you what it wants to do and the ACT UPON IT.
I will come back to the idea later in the day/week IF we get the set up. Feel free to analyze how pa is going to react and to understand the why's.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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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.
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.