Following daily structure, there's a good chance that the H4 goal was completed and price is now ready to continue lower.
- After the huge FOMC reaction it's easy to get caught up into looking for a continuation opportunity but if we zoom out, it's possible to see a clear bearish scenario forming.
- Price is respecting daily and H4 supply zones.
- Daily structure remained bearish, despite the strong move on the H4.
- If price is going to continue to move higher the M15 will be the first to let us know.
- There's also the potential that price will stay in a range considering that it's getting closer to the end of the year.
(This is not financial advise, just my own views.)
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.