Price didn't break above the above resistance, rather it only mitigated it so, the buy bias is likely not going to happen until there's a break above that resistance
The trade today got nullified because we couldn't find a good entry, price wasn't able to break above the resistance, it just wick'd above and made a mitgation so there was no possible buy setup for this bias
"Trading is a marathon, not a sprint. Perseverance through the losses is what sharpens your edge for the wins. Stay focused, the market rewards those who keep pushing."
If price happens to close above that resistance zone on the 1hr tf then brothers and sisters we'll start looking for a buy entry.
We don't predict the market, we flow with the market makers influence
I set my entry just above the previous correction move, with expectations of getting a mitigation or liquidity sweep
CESALGO PUBLIC CHANNEL
Sorry I didn't post this on time So price was unable to break above that resistant level to turn to a bullish bos It ended up wicking above (stop hunt) so it turned to a sell bias for me
According to the early setup dropped this afternoon on GU,
We hit tp is 5 folds
1:5RR bagged today
it's another winning day with #cesalgo
We hit tp is 5 folds
1:5RR bagged today
it's another winning day with #cesalgo
CESALGO PUBLIC CHANNEL
I'm looking out for sells today
Tomorrow not today anymore
I only enter the market on Tuesday, Wednesday and Thursday
So tomorrow will be the end of my trading week
So tomorrow will be the end of my trading week
CESALGO PUBLIC CHANNEL
Right now GU is staying bearish so even though we've been looking for buys and all we have to flow with the market makers
Price is up and approaching my first poi, at this point I don't think price will go higher than this poi, because the London session isn't showing much momentum this morning. And if price doesn't reach my first poi today I will likely not take the trade.