Thursday Scenario:
There are 2 possible scenarios that may happen today:
There are 2 possible scenarios that may happen today:
- Price will move inside prev high low making it a double inside bar
- Price will go down to hit the 62.5 zone to create fake breakout
How to play:
- It is better not to trade Thursday. Tomorrow is non farm day which can make big whipsawed to 62.5 zone first before shoot up.
- If we force to play the best scenario is fake on prev high and low as MM want to trap more traders before the big day tomorrow. Tomorrow can become Engulfing Bar that swallowed all orders ups and downs before price can go directional again.
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