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The price has enough arguments to go to the targets of 1.08768 and 1.08445, because we have a place to go to 1D and there is something from which, we get a reaction to the short fvg that was given, after a long accumulation.
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Also, price took away the liquidity of Asia during the London session.
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Also, we have red news tomorrow and today, so most likely the price is going to form the low of the week.
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the position is transferred to break-even !
the position is transferred to break-even !
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so far, the price seems to be asking for long, because the price from h1 went into h4 micro long poi in which it gave 2 h1 sms into long, and the next thing that can expand us into shorts further is the swing 1.08898 in 1D/12h/4h/1h fvg , from below they are preparing equal lows for the news, which is today at News, so now and during the first half of the New York session, we can go to this swing, and then on the news, follow the equals to the long macro 1d fvg in order to make the low of the week.
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why are longs attractive now? because we removed Asia, and the price gets a reaction to the h1 long zone, which was given, after the 4h long test.
h4:
h1:
h4:
h1:
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!!! BUT FOR NOW I DO NOT ADVISE TO MAKE ANY DECISIONS !!!
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opened a deal for this idea with m3. stop loss is already in bu, because I want to see the strength above 1.08898 .
opened a deal for this idea with m3. stop loss is already in bu, because I want to see the strength above 1.08898 .
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and 1.08865 also the reason I already put be !
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here's an example of how trading is always about reacting to price changes, we were hunting short from the very beginning, but our short position was closed to zero, at the time when the longs gave us money today . always check the price context .
here's an example of how trading is always about reacting to price changes, we were hunting short from the very beginning, but our short position was closed to zero, at the time when the longs gave us money today . always check the price context .
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here we will receive the expected target in the form of 1.08445, yes, here the price has crossed the stop loss, but our idea remains relevant, because the price is in the sidewall, and now we have received a top line deviation!
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:D
:D