Price made the high of the week on Wednesday and closed yesterday's daily candle with a bearish pattern. Today, I was looking for shorts only and found a good entry earlier during the London session, hitting Wednesday's low. Price just gave a reentry in the order block around 1.26470. Targeting today's low and ultimately Tuesday's low, with a longer-term target at Monday's low around 1.26014.
Additionally, today's focus is on the weekly jobless claims data, which could impact market sentiment. Stop-loss is set above today's high around 1.26600, a psychological level, to manage risk effectively. RSI is showing bearish divergence, supporting the short bias. Overall market sentiment is bearish due to increased concerns over economic data. Keep an eye on upcoming economic data.
Chart Annotations:
- Wednesday High
- Thursday High
- Monday Low
- Tuesday Low
- Wednesday Low
- Order Block around 1.26470
- Selling Point at 1.26415
- Buying Point at 1.26427
Additionally, today's focus is on the weekly jobless claims data, which could impact market sentiment. Stop-loss is set above today's high around 1.26600, a psychological level, to manage risk effectively. RSI is showing bearish divergence, supporting the short bias. Overall market sentiment is bearish due to increased concerns over economic data. Keep an eye on upcoming economic data.
Chart Annotations:
- Wednesday High
- Thursday High
- Monday Low
- Tuesday Low
- Wednesday Low
- Order Block around 1.26470
- Selling Point at 1.26415
- Buying Point at 1.26427
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。