Bar by Bar Trading Day Analysis

Hey traders!

The overnight looked pretty bearish but was is happening now is simply amazing. Prices found some strong support and formed a couple of strong uptrends. That can be connected to Powell’s speech right now but bears got destroyed today and prices are just pulling higher and higher.

I used the chance and made a bar-by-bar trading analysis and as you can see my bias was also more to the bear side today but switched gears once I saw the strong uptrends developing.

In today’s video, I discuss how to identify trade areas in strong uptrends and small hints that price action gives us shortly before we see a change in the overall bias and context.

Hope you had a good trading week and wish you a great weekend!