Will this trade idea hold?
Currently targeting the daily highs, but price has been so bullish due to all the things happening with the economy and trump with tarrifs with china and now the new $600B deal with Saudi Arabia. So I was hoping to see prices continue even higher than the daily high for us to benefit from that trade we are on.
Us holding on past the highs could hurt us by losing the current profits we have secured. But we will let this final trade show us what it decides to do and shift SL accordingly with the hopes that we don't get manipulated out of our trade.
We have london Lows still intact, not sure if the market will want to reach back lower into it and possibly inside of a bullish FVG for a discount area before exploding higher.
To me it seems that we are on a bullish trend creating higher lows and higher highs and targetting the previous sellside of the curve.
Let me know your thoughts below, where do you think price will reach to?
Currently targeting the daily highs, but price has been so bullish due to all the things happening with the economy and trump with tarrifs with china and now the new $600B deal with Saudi Arabia. So I was hoping to see prices continue even higher than the daily high for us to benefit from that trade we are on.
Us holding on past the highs could hurt us by losing the current profits we have secured. But we will let this final trade show us what it decides to do and shift SL accordingly with the hopes that we don't get manipulated out of our trade.
We have london Lows still intact, not sure if the market will want to reach back lower into it and possibly inside of a bullish FVG for a discount area before exploding higher.
To me it seems that we are on a bullish trend creating higher lows and higher highs and targetting the previous sellside of the curve.
Let me know your thoughts below, where do you think price will reach to?
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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.
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.