breach of daily and reached major supply zone, need to break red lines and get more liquidity inorder to keep breaking more lows. you can see reached a bottom of the rsi bands, need to target more liquidty from the above candles.
have a cup and handle formation here and its obvious that liquidty from yesterdays market has swooped down to hit the sellside PE point and will trigger the market to give the push needed to get to our 1896. profit target. will debate on holding the position. only time will till as the us inflation data comes out at 630 and prices the value for gold higher. that...
inflation data, whipped out potential sellers, and decided to take sell stops market hunt using their manipulation tactics. deciding to go short again with eurgbp and nzdusd as well this time. harmonic patterns and trend analysis both dictate that expansion areas will not be filled with all the momentum stalling from this morning i suspect that their is a huge...
MOST RECENT MARKET DYNAMIC
- huge shifts in momentum occur during LONDON AND NY Sessions. some will continue the trend, others will present a KILLZONE between the session overlaps, other times there will be a liquidity grab and reversal, as you can see you can see a trendline break to pull from previous support/resistance. the trend confirmed the downwards...
