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SESSION OVERVIEW
In Today’s London session for DAX we saw an Open Within Value traversing higher quite a bit during the Initial Balance Range although not considered to be wide. Nonetheless, we have an established bracketing range making a reversal back into the IBR more probable. Price attempted a probe above the IBH during a few TPOs before making a Higher High in F TPO and reversing through G and H TPO. Again the Pre-NY Open saw a counter to this move and made yet another HH.
PUBLIC TAKEAWAY
We don’t have to trade everything. A potential trade should fit your playbook rules as well as your appettie for risk.
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