This is more than likely the first trade im going to take this week. Im looking for dollar to be bullish overall but I tend to trade what I see. Price has taken a previous daily high (Friday HOTD. Since that liquidity has been taken and price has moved away from it, we have started to form bearish structure. In a separate Idea I will highlight what areas of bullish interest have been disrespected that lead me to lean towards a short term bearish bias.
Looking on the weekly timeframe, a gap has formed. In my last post I mentioned that I would want to see us push below the low we made on the last weekly candle ( LOTW ).
Looking for discount within this gap I have marked out a 1HR liquidity void. I will update as I take my personal entry as well as if and when we reach the target zone.
Looking on the weekly timeframe, a gap has formed. In my last post I mentioned that I would want to see us push below the low we made on the last weekly candle ( LOTW ).
Looking for discount within this gap I have marked out a 1HR liquidity void. I will update as I take my personal entry as well as if and when we reach the target zone.