Levels I am watching for Friday- shown with daily FVG to be more clear about points of interest.
Dashed Black line is the 50% line of yesterdays move, denoting premium and discount.
Black heavy lines are yesterday's H/L
It is yet to be seen if the final October low is in.
It is possible to have slightly more expansion, with a deeper retracement beginning next week
or we could retrace tomorrow for a new lower low.
For intraday trading this does not matter as much. keep your eyes on strong points of interest such as weekly and daily FVG's, previous Days H/L
As always, we trade during specific times only.
happy trading!
have a great weekend!
Dashed Black line is the 50% line of yesterdays move, denoting premium and discount.
Black heavy lines are yesterday's H/L
It is yet to be seen if the final October low is in.
It is possible to have slightly more expansion, with a deeper retracement beginning next week
or we could retrace tomorrow for a new lower low.
For intraday trading this does not matter as much. keep your eyes on strong points of interest such as weekly and daily FVG's, previous Days H/L
As always, we trade during specific times only.
happy trading!
have a great weekend!
