From a swing trader perspective, price is currently in no man's land. ⚠️
I would advise not looking for long-term swing opportunities until the price has either:
1) Swept liquidity from the un-mitigated supply and last swing high. (Sell Opportunity)
2) Swept liquidity from the mayor monthly order block low. (Buy Opportunity)
With the majority of the market sentiment buying, I assume price will just continue to drop to gather more and more likely, but whatever comes first I will take with my team.
Until then we must sit on our hands and make the most of some intra-day scalps.
Good luck trading this week guys! âś…
I would advise not looking for long-term swing opportunities until the price has either:
1) Swept liquidity from the un-mitigated supply and last swing high. (Sell Opportunity)
2) Swept liquidity from the mayor monthly order block low. (Buy Opportunity)
With the majority of the market sentiment buying, I assume price will just continue to drop to gather more and more likely, but whatever comes first I will take with my team.
Until then we must sit on our hands and make the most of some intra-day scalps.
Good luck trading this week guys! âś…
