Currently, we find ourselves within a bullish range demand zone, which typically suggests a bullish bias. However, the situation is not that straightforward due to some upcoming fundamental events that are injecting uncertainty into the market.
In an ideal scenario, we would witness a cleanout of liquidity below the lows, followed by a decisive move higher. But as we all know, ideal situations often do not unfold as planned in the world of trading. Therefore, we must remain vigilant and adaptable.
We're standing on the precipice, eagerly awaiting whether the market will follow a scripted swing rally higher or if it will chart its own course. We understand that flexibility and readiness to pivot are essential traits for success in this dynamic environment. Stay tuned for the unfolding narrative.
In an ideal scenario, we would witness a cleanout of liquidity below the lows, followed by a decisive move higher. But as we all know, ideal situations often do not unfold as planned in the world of trading. Therefore, we must remain vigilant and adaptable.
We're standing on the precipice, eagerly awaiting whether the market will follow a scripted swing rally higher or if it will chart its own course. We understand that flexibility and readiness to pivot are essential traits for success in this dynamic environment. Stay tuned for the unfolding narrative.
Daniel P. Fadejev