☝️Dear traders, no one here has super powers, and I'm as well just a human. Please take everything with a degree of doubt and critique. I'm just sharing my view and one of the possible scenarios of price action. When I enter I try to predict as little as possible and actually follow what the market is doing, joining the market and not arguing with it or force my will. Have good trading, keep constant flow of self awareness and do your best.
Note
keeps a relatively clear bearish movement toward a low of 1.0450. Many news today, so expect volatility, and confirm carefullyNote
bearish pressure under 1.0600. Will look for clear confirms on LTF during next week for shorts. With that said, 1h, 4h are not perfectly clear. We are more inside a big rangy box, which I don't usually like The most possible scenario IF 1.0600 is holding and bearish structure continue to hold on 15-30 min.
Note
the move didn't sustain itself. Market is waiting for NFP. Back to chop-chop based on previous linked idea
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Related publications
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.