KNCUSDT Perpetual ContractUpdated KNC - 31.05.2022 Tuesday - possible range distribution -
Long-term Perspective:
price is moving is rebalancing between two daily FVGs creating a range which why i have too look on lower time frame for a clean draw on liquidity bias.
Intermediate-term Perspective:
BSL is taken into a daily FVG + msb + leaving inefficient price action to the downside.
I look for a lower high to play a possible downside trade.
price is moving is rebalancing between two daily FVGs creating a range which why i have too look on lower time frame for a clean draw on liquidity bias.
Intermediate-term Perspective:
BSL is taken into a daily FVG + msb + leaving inefficient price action to the downside.
I look for a lower high to play a possible downside trade.
Note
sth to note: The daily is already printing a shoortingstar candle although new york session has not even started yet. This is sometimes a sign that price will take more time till it breaks down.Note
Plan B: IF price does not give a lower high I will wait till it takes out the upper BSLNote
nice follow through. information in the chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.