Eu is setting up for a nice jump higher, left a corrective move above a 4h fair value gap. This kind of price action setting up the boundary for a long setup. Price can easily go through that low resistance area, to rebalance the 4h gap.
From the 4h gap, to the first equal highs, than the weekly draw on liquidity.
Price action is started to clear up. We managed to close above the previous day high (closure below PDL on dxy too).
Ok be safe byyyy
From the 4h gap, to the first equal highs, than the weekly draw on liquidity.
Price action is started to clear up. We managed to close above the previous day high (closure below PDL on dxy too).
Ok be safe byyyy
Kommentera:
Price took out London low than headed to the first target. Didn't bothered retracing for the 4h imbalance.