SHORT ANALYSIS, trend continuation setup...
Its Tuesday February 2024, the NFP release figures from last Friday were bullish for the dollar hence bearish on all its cross X/usd... Yesterday, EU gave off some beautiful shorts attacking liquidity resting on old lows. The liquidity was grabbed in the AM NY session of Monday.. Price started rejecting off the low in the Pm session and today's Asia Session.
My trade idea today is I want price to retrace back to premiums of the previous impulsive leg such that I take low risk sells. Im watching the .61 level and imbalance plus the HOB at Yesterday's Asia Low.
Let us see how it goes.
Its Tuesday February 2024, the NFP release figures from last Friday were bullish for the dollar hence bearish on all its cross X/usd... Yesterday, EU gave off some beautiful shorts attacking liquidity resting on old lows. The liquidity was grabbed in the AM NY session of Monday.. Price started rejecting off the low in the Pm session and today's Asia Session.
My trade idea today is I want price to retrace back to premiums of the previous impulsive leg such that I take low risk sells. Im watching the .61 level and imbalance plus the HOB at Yesterday's Asia Low.
Let us see how it goes.
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