Today I want to see fill of the 1h Breakaway Gap - 4139.
My key level 4125. This is buystops level. Pretty sure it will want to test it to complete ATM/ICT Mentorship Model.
My Pre-market Plan for May 24, 2023:
Bullish Scenario - Break above 4165 (short-term BSL, 4163 NY Midnight Open Price as well) can bring some bulls —> 4175 - this is "NWOG" - 04/16-04/21.
Market looks more bearish anyway. Once it tested 4175 level and failed to hold it, I am going to play long w/ target at 4186-90.
1h OB - 4190 + 1h FVG.
Bearish Scenario - Break below 4132 ("NWOG" - 05/07-05/12) will give short trade opportunity with target at 4126.
Next my trade can be below 4120 - SSL on 1h chart.
Once it breaks this SSL level, it will open the room to the 4111.
Key Levels for long today: 4158, 4168, 4185
Key Levels for short today: 4131, 4122, 4104
My key level 4125. This is buystops level. Pretty sure it will want to test it to complete ATM/ICT Mentorship Model.
My Pre-market Plan for May 24, 2023:
Bullish Scenario - Break above 4165 (short-term BSL, 4163 NY Midnight Open Price as well) can bring some bulls —> 4175 - this is "NWOG" - 04/16-04/21.
Market looks more bearish anyway. Once it tested 4175 level and failed to hold it, I am going to play long w/ target at 4186-90.
1h OB - 4190 + 1h FVG.
Bearish Scenario - Break below 4132 ("NWOG" - 05/07-05/12) will give short trade opportunity with target at 4126.
Next my trade can be below 4120 - SSL on 1h chart.
Once it breaks this SSL level, it will open the room to the 4111.
Key Levels for long today: 4158, 4168, 4185
Key Levels for short today: 4131, 4122, 4104