Following market structure we have been marking up daily highs and lows and watching price action to find our trade ideas.
Yesterday's analysis ended in a Loss because we traded against the trend. We entered a sell when price is clearly showing bullish strength.
Currently we see price resisting previous highs from last week. We drew our Fibonacci from the daily low to high and see price is currently in or around our golden zone. We will be looking for price to find support in this area then create a new high during londaon/new york
Yesterday's analysis ended in a Loss because we traded against the trend. We entered a sell when price is clearly showing bullish strength.
Currently we see price resisting previous highs from last week. We drew our Fibonacci from the daily low to high and see price is currently in or around our golden zone. We will be looking for price to find support in this area then create a new high during londaon/new york