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1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
Monday DAY 1 Opening Range
Tuesday DAY 2 Initial Balance
Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅ no cycle
Thursday DAY 2
Friday DAY 3 Closing Range
2. SIGNAL DAY
First Red Day ✅
First Green Day
3 Days Long Breakout
3 Days Short Breakout
Inside Day
3. WEEKLY TEMPLATE
Pump&Dump ✅
Dump&Pump
Frontside
Backside ✅
4. THESIS:
Long: secondary, trend continuation through the HOW, I can see this scenario as a higher into Friday high, dump and today consolidation for a major move.
Short: primary, although I agree with both the scenarios today, I prefer keep following signals and process to stick my plan. Weekly pump and dump with a potential move down going to stop long traders from Monday.
Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
注释
DAILY OVERVIEW Understand that no other time frames are in the market yet and the market is In balance. Not a nice RR yet for this pair. I personally would wait for the market to trigger a daily level first or pumping for 50 pip. technical analysis gives me only RR, not a directional decision
注释
New still on calendar, this market pumped up 35pip, and collapsed at 10am new hour, after the news. I did not take this trade, not a great RR as I expected. Still, Pump and dump scenario