In this video I map out the range using the fixed range tool and talk about the possibility of a liquidity run on the weekly high before dropping back inside the range .
Engineering liquidity at the range value area high and thus heightening the expectation for more upside continuation , take the liquidity at $3392 and pull back below the vah *Value area high and head down to fill the new week open gap and the new monthly pivots $3297 and the poc * point of control and remain rangebound.
We all know that nothing is set in stone and this is just an idea out of many but its something to consider .
Set alerts and wait for reaction and lower time frame for confirmation
Thanks for your support
Engineering liquidity at the range value area high and thus heightening the expectation for more upside continuation , take the liquidity at $3392 and pull back below the vah *Value area high and head down to fill the new week open gap and the new monthly pivots $3297 and the poc * point of control and remain rangebound.
We all know that nothing is set in stone and this is just an idea out of many but its something to consider .
Set alerts and wait for reaction and lower time frame for confirmation
Thanks for your support
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Trade closed: target reached
Previous update did not record my screen so this is the revised version
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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.