Taking into consideration the last geopolitical events happening around the globe we may have an interesting and volatile week in the markets. Besides these geopolitical events the overall numbers and what not which should be announced should spur some decent movements in the markets. But what is the plan for now....
I will be looking to see how we react from this FVG (blue box). As always allow price to trade through it as long as it does not close outside of it (the bodies of the candles should be respected within the box). IF we break out of it and start trading above it we will potentially see higher prices going into the week.
We will wait and see how pa reacts to it and ACT upon it. No need to set a sell limit or what not thinking the move is guaranteed. Nothing is guaranteed in trading - it is all about taking the higher probability trades.
We would ideally want to see pa get into the FVG - respect it and give us a fast move back into the range. We will be targeting the mid range (14715).
Entry 15065
TP 14715
SL 15200 (hard stops)
Let's see IF and how this week plays out.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
I will be looking to see how we react from this FVG (blue box). As always allow price to trade through it as long as it does not close outside of it (the bodies of the candles should be respected within the box). IF we break out of it and start trading above it we will potentially see higher prices going into the week.
We will wait and see how pa reacts to it and ACT upon it. No need to set a sell limit or what not thinking the move is guaranteed. Nothing is guaranteed in trading - it is all about taking the higher probability trades.
We would ideally want to see pa get into the FVG - respect it and give us a fast move back into the range. We will be targeting the mid range (14715).
Entry 15065
TP 14715
SL 15200 (hard stops)
Let's see IF and how this week plays out.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
