It’s clear that we’re currently operating within a premium zone of the range. The directional bias remains bullish, but I’m anticipating the potential for a short-term short setup around the 09:30 AM New York open, allowing for a retracement before continuation higher.
I will not look for long setups unless price trades back into a discount zone, or at the very least, rebalances toward the equilibrium (50% of the dealing range). If price continues to rally without offering such a pullback, I’m fully prepared to stay sidelined — discipline over FOMO.
Wishing everyone clean, high-probability setups today.
I will not look for long setups unless price trades back into a discount zone, or at the very least, rebalances toward the equilibrium (50% of the dealing range). If price continues to rally without offering such a pullback, I’m fully prepared to stay sidelined — discipline over FOMO.
Wishing everyone clean, high-probability setups today.
F.P.
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