Hopefully today's events will allow us to break the balance, and thus be able to seek opportunities with greater asymmetry. Have a great day, helmet and vest on! thanks for all!
Solid breakdown of yesterday's inside day structure. The 6868 rejection tells alot about where institutional resistance sits right now, especially with that poor high setup during RTH. What stands out is how the balance area from 6824 to 6868 could get expanded quickly post-FOMC tommorow, and knowing which side breaks frst will be key for momentum traders looking for assymetric setups.
Thanks Smash! Your levels are always on point!
🤝
Hopefully today's events will allow us to break the balance, and thus be able to seek opportunities with greater asymmetry. Have a great day, helmet and vest on! thanks for all!
Solid breakdown of yesterday's inside day structure. The 6868 rejection tells alot about where institutional resistance sits right now, especially with that poor high setup during RTH. What stands out is how the balance area from 6824 to 6868 could get expanded quickly post-FOMC tommorow, and knowing which side breaks frst will be key for momentum traders looking for assymetric setups.
Sorry, but your chart does not match the written description. Thank you for the hard work!