S.O.P and M.O.P BreakdownHello Traders!
Here I break down S.O.P and M.O.P
Sunday Opening Price & Midnight Opening Price.
Bullish Conditions Weekly Range
- Buy below S.O.P
- Anticipate the Low of the week to form on Mon, Tue, or Wed.
- By Wednesday price should not return to S.O.P
Bearish Conditions Weekly Range
- Sell above S.O.P
- Anticipate the high of the week to form on Mon, Tue, or Wed.
- By Wednesday price should not return to S.O.P
Bullish Conditions Intraday
- Buy below M.O.P
- Anticipate the Low of the day to form in London Open
- By 12 PM NY EST price should not return to M.O.P
Bearish Condition Intraday
-Sell above M.O.P
- Anticipate the High of the day to form in London Open
- By 12 Pm NY EST price should not return to M.O.P
Study. Safe Trading. Merry Christmas