A new all-time high (ATH) was reached today. The sudden impulse created a significant Fair Value Gap (FVG) / Low Volume Node (LVN), which the market appears eager to fill.
After the breakout of the current order flow channel, I’m waiting for confirmation before entering. I plan to take a 1:2 risk-to-reward trade targeting the Fair Value Gap area, in line with the prevailing downtrend.
The current narrative suggests that buyers are not interested in buying at the top and are waiting for a pullback.
After the breakout of the current order flow channel, I’m waiting for confirmation before entering. I plan to take a 1:2 risk-to-reward trade targeting the Fair Value Gap area, in line with the prevailing downtrend.
The current narrative suggests that buyers are not interested in buying at the top and are waiting for a pullback.
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