Disliked{quote} Great analysis! I’ve been watching that 1.1715 level as well. It’s interesting to see how the liquidity at the Asia lows was purged before the move up. Do you think the upcoming NY PM macro will provide enough fuel to hit that Wednesday high before the weekly close, or are we looking at a range-bound Friday?Ignored
I am more convinced now - however:
If London/NY liq pool gets taken during London session, Wednesday high will be taken today, most likely during NY session!
Which exact time is difficult to predict, thats why I split my entry into 4 positions to try to milk the move as much as possible - I have my resting TPs at various peaks to milk it as much as possible in case I am wrong, I get to potentially cash out at respectable pips, if not I get to ride the move as much as possible - but I do see wednesday high as magnet for price
A fool prays for an easier road, a wise man prays for stronger legs