Neutral on close
Leading on from yesterday where I'd used the weekly range, I now favour the accuracy of the daily levels since we have more data.
We're presented with a bearish candle that closed inside the range of the highlighted parent candle.
So, that FVG on DXY is still there, also the pound swept yesterday's high.
It seems neutral, eh?
I still think there will be short term buying.
At this moment in time, it's still too soon for me to enter this trade. I will check the 9am open for any potential after the red flag news. Otherwise, see you after 5pm EST.
We're presented with a bearish candle that closed inside the range of the highlighted parent candle.
So, that FVG on DXY is still there, also the pound swept yesterday's high.
It seems neutral, eh?
I still think there will be short term buying.
At this moment in time, it's still too soon for me to enter this trade. I will check the 9am open for any potential after the red flag news. Otherwise, see you after 5pm EST.
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