Before I begin, this is nothing but a directional bias based on the current market structure, look for future updates of my bias through the week. New Price structure can always change my ideals.
With a huge sell week( literally the biggest sell week since interest rates in dec or trump election) we are currently sitting at a 61.8 fib of the previous swing. with a packed week ahead, I assume for there to be higher than average vol. Price may initially push up back into the recent selloff & that is the first opportunity im looking for this week. If this low gets broken,( 1.0640s-30s) then ill reevaluates & see how price structure forms for a different opportunity
With a huge sell week( literally the biggest sell week since interest rates in dec or trump election) we are currently sitting at a 61.8 fib of the previous swing. with a packed week ahead, I assume for there to be higher than average vol. Price may initially push up back into the recent selloff & that is the first opportunity im looking for this week. If this low gets broken,( 1.0640s-30s) then ill reevaluates & see how price structure forms for a different opportunity