Solid fundamentals, meets descending triangle solid divergence (4h+D+W!) Finally some nice uniform activity on MACD. !!!! Not financial advice buy damnnnn...
Starting with Top Down, I will be practicing market maker models this weekend, until I can see them on Small Time Frames.
EURUSD-0.34% has cleared stops out above 1.14580 It hasn't broken the 'Macho' high from August so that could also back up the idea that this was just a stop raid of anyone short since september and this could also suggest this latest move up is part of a bigger bearish fractal, that will eventually clear out everyone long from August, maybe July. I have a SHORT...
Slightly Late Publication. Traded right into -OB and had good reaction. Expect Price to be Bearish throughout the WEEK. Take Profit Target 1 @ 1.5380 Take Profit Target 2 @ 1.5200 Tage Profit Target 3 @ 1.5100 Watch this space as I will be posting more ideas to support this view and I will also be frequently small short entry opportunities and possible scalp...
To me this looks like BTC was leading the recent breakout; Gold and Silver following roughly a day later. Have to check if this happened in the past, but this could make BTC a 'market maker' of some sort, or at least an indicator - since arguably BTC traders might be more flexible and quicker to adapt.