Daily S/R Levels (Revisit)
So what have we learned today? Easy.. we learned that no matter how crazy market goes higher TF levels like the Daily or Weekly can still keep price in tact..
If you look at the levels.. all what happened today was that bulls tested 1.1224 area and bears tested 1.1175 area.. and right now price is still above my LWA 17 (Shift 2) line which is flat. Meaning: Bulls might have the upper hand on DAILY but bears have the upper hand on H1.. To me that is simply a choppy market condition.. I stay bearish intraday wise and keep selling highs as long as H1 candles stay below GREEN line and especially below 1.1224.
I hope it helps.. (Later I will hopefully update Daily S/R levels for Thursday)
Stay Green
So what have we learned today? Easy.. we learned that no matter how crazy market goes higher TF levels like the Daily or Weekly can still keep price in tact..
If you look at the levels.. all what happened today was that bulls tested 1.1224 area and bears tested 1.1175 area.. and right now price is still above my LWA 17 (Shift 2) line which is flat. Meaning: Bulls might have the upper hand on DAILY but bears have the upper hand on H1.. To me that is simply a choppy market condition.. I stay bearish intraday wise and keep selling highs as long as H1 candles stay below GREEN line and especially below 1.1224.
I hope it helps.. (Later I will hopefully update Daily S/R levels for Thursday)
Stay Green
Be a seer, not a looker!
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