We had a lovely drop during FOMC, but the market failed to continue and break the indicated Daily Low. We have seen a sharp recovery and an overall bullish market structure.
Therefore, I believe even today we can either continue with that bullish sentiment or just range. Of course, we can have a bearish price action and a much deeper pullback that what I expect!
On my 1H chart you can see in gray my demand area, where I would like for price to pullback into. The Asian range is pretty compressed, which is good!! We are having flat highs on the top, which would be a great target!
Here is how a 15M setup will look like as well:
Let me know what you think. Are we going bullish or retracing further? I will share any updates I have!
Therefore, I believe even today we can either continue with that bullish sentiment or just range. Of course, we can have a bearish price action and a much deeper pullback that what I expect!
On my 1H chart you can see in gray my demand area, where I would like for price to pullback into. The Asian range is pretty compressed, which is good!! We are having flat highs on the top, which would be a great target!
Here is how a 15M setup will look like as well:
Let me know what you think. Are we going bullish or retracing further? I will share any updates I have!
Not
A total Friday flush and no bullish sentiment at all. At the end of the day, it's easy to say: ''Should have looked for shorts''. But if your plan said longs - you follow it.No trades for me today. Time to enjoy the weekend!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.