The breaker (yellow box) annotated yesterday held perfectly and we are back towards the LTF highs - and the overall lows of the HTF range. (dotted alert lines)
No need to try and predict the market that is not our job. So IF you feel FOMO don't get involved with the market and wait for it to show you its hand.
Plan is clear...IF we hold the current levels we should consider this run on the sellside liquidity as the deviation before heading back towards the highs of the HTF range
IF we fail to hold these current levels we will continue lower towards the sellside liquidity from the previous month.
NO NEED TO FRONT RUN THE MARKET...WAIT FOR IT... PLAN IT AND ACT UPON IT
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
No need to try and predict the market that is not our job. So IF you feel FOMO don't get involved with the market and wait for it to show you its hand.
Plan is clear...IF we hold the current levels we should consider this run on the sellside liquidity as the deviation before heading back towards the highs of the HTF range
IF we fail to hold these current levels we will continue lower towards the sellside liquidity from the previous month.
NO NEED TO FRONT RUN THE MARKET...WAIT FOR IT... PLAN IT AND ACT UPON IT
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.