On the daily timeframe, the market will give many opportunities to get in on the move. It’s really, really obvious where the market is going right now—risk accordingly. In the coming week, the low of the week will probably form on Tuesday or Wednesday.
Order cancelled
This week won’t deliver the target.The market is only setting the stage.
Liquidity clears with NFP next week—be prepared.
Note
The low of the week formed on Tuesday or Wednesday, as expected, but there wasn’t any clear price action this week. Next week is going to be extremely volatile. This buy-side liquidity will be gone by then.
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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.
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.