I had no idea what to name this!
Just wanted to note:
Daily has filled inefficiencies.. DXY too.
Yesterday was creating a clear consolidation zone around the prior week low, had a nice trap move yesterday which Im anticipating to be the high of the week or the M formation.. It doesn't matter I'm not here to predict it's better to react to what happens.
Data releases are in the evening so there is a possibility that NY will just range or come down to NY midnight open price.
Although I say I don't want to predict but... Im anticipating that buyers are being induced and price will sweep below previous week low (that barely swept old external low)
Just a theory, haven't even had NY session yet!
Just wanted to note:
Daily has filled inefficiencies.. DXY too.
Yesterday was creating a clear consolidation zone around the prior week low, had a nice trap move yesterday which Im anticipating to be the high of the week or the M formation.. It doesn't matter I'm not here to predict it's better to react to what happens.
Data releases are in the evening so there is a possibility that NY will just range or come down to NY midnight open price.
Although I say I don't want to predict but... Im anticipating that buyers are being induced and price will sweep below previous week low (that barely swept old external low)
Just a theory, haven't even had NY session yet!
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Vs what I reacted to..
We could see another old external low being taken
What I anticipated...