We've taken the sellside liquidity (red line) on US and we are currently retesting the 1H FVG (blue box)
Fe
Currently displacing and creating new highs. Let's see IF we hold the 5min FVG (red box)
IF we fail to break below it expect further pa to the upside
IF we fail to hold it expect it act as inverted FVG and send price further lower
BE PATIENT...PLAN and EXECUTE
It's Friday so don't hesitate to lower your position size and preserve your CAPITAL with good RISK MANAGEMENT
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.
Fe
Currently displacing and creating new highs. Let's see IF we hold the 5min FVG (red box)
IF we fail to break below it expect further pa to the upside
IF we fail to hold it expect it act as inverted FVG and send price further lower
BE PATIENT...PLAN and EXECUTE
It's Friday so don't hesitate to lower your position size and preserve your CAPITAL with good RISK MANAGEMENT
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.
