The move has been made, we saw a strong push to the level I was initially aiming for, however I did not think they would pressure the agenda. If we take a look from the initial sky rocketing it was at around 26500 area using quarter theory to 27500. it falls right on it. The market close earlier than anticipated closing on a bearish candle, it was a weak bearish candle. We may see a gap taking liquidity and trapping a trendline for buyers. my area of interest that we can see being played off next week seeking that mitigation candle prior to yesterdays push. I will get more data on Sunday market open, however my bias is a short term sell.
Trade active:
Trade active:
As mentioned yesterday, we have broken off the range we were stuck in, we are now capturing liquidity from buyers. I will be looking for the buy once we have mitigated. My very own strategy will be then played out. We have created what I call a Sauron Tower right where the eye is. Close to 85% of the orders are being sold. We will see a massive push to the upside once we accumulate the jackpot.
Trade active:
We are getting closer to the liquidity but of course there has to be some selling money raided. This is a chess game..if you play against the big boys you will always lose.