This idea comes from the understanding that by the end of week there will be 2 options.
1: it is going to Retrace to create momentum from the following week.
2: it is going to leave lil to no retracements.
based on these options I can decide which direction it may go.
This set up in specific, M15 has change momentum by breaking a LH.
this is an anticipation how the week may end. everything can change in the last NY session. therefore, stay valiant.
1: it is going to Retrace to create momentum from the following week.
2: it is going to leave lil to no retracements.
based on these options I can decide which direction it may go.
This set up in specific, M15 has change momentum by breaking a LH.
this is an anticipation how the week may end. everything can change in the last NY session. therefore, stay valiant.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.