It seems there is an opportunity for a quick scalp on APE if price retests the 3.583 to 3.600 zone and bounces.
The market maker moves in three's and we can clearly see on the hourly chart that we had rise level 1, retrace, rise level 2, retrace and now we are on rise level 3. I think wave traders would say we are on wave 5.
Of course, if you don't believe that price is under the control of market makers, then there's nothing to see here ;-)
The market maker moves in three's and we can clearly see on the hourly chart that we had rise level 1, retrace, rise level 2, retrace and now we are on rise level 3. I think wave traders would say we are on wave 5.
Of course, if you don't believe that price is under the control of market makers, then there's nothing to see here ;-)
Comment:
Well that reached it's target much quicker than I expected - and I missed it. Ah well, looking at how they snapped it back maybe there's a short to be had now....
Order cancelled