DislikedSome thoughts and observations about yesterday, EU/US 5’ opportunities.
It was FOMC day so a holding day with not much chances to high probability traders.
Price did a WW with its PS, SC and AR followed with a ST that did not push trough AR hi.
Price then retested the SC area with a SO that did not moved too far. Then another SO and our first opportunity to go long.
1. We had SOS on the background with the WW so when price took the hi of the SO bar (signaled with a blue 1) I went long.
That movement did not go that far. Next bar closed...Ignored
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect