I anticipate a continuation of the upward trend and hope to witness a retracement of the price within a 50% range of the weekly trading range. When the price reaches this 50% mark during the week, there is a Daily +OB , and I would prefer to see that +OB level act as support.
If we observe a robust bullish market structure on the 15-minute timeframe, it will reinforce the expectation of a risk-off strategy at the beginning of the upcoming week.
If we observe a robust bullish market structure on the 15-minute timeframe, it will reinforce the expectation of a risk-off strategy at the beginning of the upcoming week.
Note
was bullish bt didnt get the enough retracement for last 3 day of week i will be cautious going forward as we have cpi
Order cancelled
will update a new idea after weekly close
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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.