USD/THB – Key Moment Developing
We are watching this pair closely to see which direction it wants to go next.
➡️ Momentum is currently very low.
If we get a momentum hook up, combined with:
Strong volume (75+), and
A strong engulfing candle forming at the 50 EMA,
We’ll consider a valid long setup—but only if this happens between 5 AM and 11 AM MST.
OR...
Price may continue lower. If that happens, we’ll watch for a pullback into the resistance zone, then reassess for a potential short setup from there.
We don’t guess. We wait for alignment.
If this one plays out clean, we’ll be ready.
If not, we let it go.