Price is making HH and HL on the M15 timeframe, we just had a H1 BOS. I'm expecting price to come back into the unmitigated M15 fresh demand zone.
Not that price has to do what I said but this would be an ideal scenario for a potential buying opportunity for those that missed the initial buy.
If you have a look at the DXY we do have that correlation so, set an alert and sit on your hands.
Not that price has to do what I said but this would be an ideal scenario for a potential buying opportunity for those that missed the initial buy.
If you have a look at the DXY we do have that correlation so, set an alert and sit on your hands.
Note
If price fails to make a HH prior to the last High it formed we can potential look for shorts all the way back to the demand area that was formed @ 13943.00
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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.