3 drives pattern, price retracing into a FVG, within a Higher Time frame FVG
We are sitting above the midnight open, ideally I would like to see price drop below the midnight open line and use that as a breaker or resistance level, where I would be adding to my position.
Price is acting very weird, as it’s a bank holiday, but I believe there is a lot of imbalance and a retracement is needed and the bias next week will continue to be bearish.
If I get stopped out. I’m done trading for the week. And if in profit, I will most likely still close positions going into the weekend and will only trade again on Tuesday,
Regards
KingTA
We are sitting above the midnight open, ideally I would like to see price drop below the midnight open line and use that as a breaker or resistance level, where I would be adding to my position.
Price is acting very weird, as it’s a bank holiday, but I believe there is a lot of imbalance and a retracement is needed and the bias next week will continue to be bearish.
If I get stopped out. I’m done trading for the week. And if in profit, I will most likely still close positions going into the weekend and will only trade again on Tuesday,
Regards
KingTA
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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.