As anticipated, price pushed back up during Asian and early London session to approximately the 33650 level which appears to be a strong resistance area and the previous structure from the past couple of days.
Price now appears to be reversing and continuing in the overall direction of the bias on larger timeframes which is still definitely bearish in my opinion.
I've entered at approximately 33655 and my TP1 is 33200 targeting the previous structure low from the last couple of days this week.
If it breaks past this TP1 area I will be trailing my stops and targeting 32925 as my TP2 and my TP3 on a larger more swing like trade will be 325925.
No real major US news today or tomorrow so hopefully should be smooth sailing following the volume and overall bearish market bias.
See you after NY Session today!
Happy Trading!
Price now appears to be reversing and continuing in the overall direction of the bias on larger timeframes which is still definitely bearish in my opinion.
I've entered at approximately 33655 and my TP1 is 33200 targeting the previous structure low from the last couple of days this week.
If it breaks past this TP1 area I will be trailing my stops and targeting 32925 as my TP2 and my TP3 on a larger more swing like trade will be 325925.
No real major US news today or tomorrow so hopefully should be smooth sailing following the volume and overall bearish market bias.
See you after NY Session today!
Happy Trading!