This is a follow on from my analysis earlier today: www.tradingview.com/...Term-Analysis-SHORT/
The the estimated daily target at the first minor zone has been hit on Sunday open. The fact that the move was bought up so aggressively indicates that our next shorting location is higher up.
I am currently long from S1. I will update again in the morning, but it is highly likely we will develop a trending day on the Market Profile, but again, I will provide an update in the morning.
The the estimated daily target at the first minor zone has been hit on Sunday open. The fact that the move was bought up so aggressively indicates that our next shorting location is higher up.
I am currently long from S1. I will update again in the morning, but it is highly likely we will develop a trending day on the Market Profile, but again, I will provide an update in the morning.
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Price is slightly above entry, HOWEVER, the trend on the 30M has now flipped bearish:
Going to take my small profit here, and look for a breakout short below the current short term lows later in the day. Very interesting open for the week.
Going to take my small profit here, and look for a breakout short below the current short term lows later in the day. Very interesting open for the week.
