MARKETS LIKE TO CREAT EQUAL HIGHS, EQUAL LOWS TO MAKE A REASON FOR IT TO COME BACK TO IT LATER. EQUAL HIGHS AND EQUAL LOWS ARE MONEY POCKETS THE MARKET LOVES. RIGHT NOW I SEE THE MARKET BEING BULLISH, SO IT WILL SLOWLY MAKE ITS WAY UPWARDS. TAKE IN MIND I HAVE ONLY BEEN DOING THIS FOR 5 MONTHS.
THIS IS CREATING MANY EQUAL LOWS AND HIGHS (CONSOLIDATION) EQUAL HIGHS/LOWS ARE MONEY AREAS THAT NEED TO BE TOUCHED IN ORDER FOR THE MARKET TO MOVE. ITS LIKE GETTING A LOAN FOR AN APARTMENT COMPLEX THAT WILL GENERATE YOU MONEY TO ALLOW YOU TO PAY THE MORTGAGE ALONG WITH PROFITS FOR YOU. IN OTHER WORDS, THE MARKETS IS BORROWING OTHERS MONEY TO MOVE IT IN A WAY TO...
GBPUSD PLAYING PING PONG AND THIS IS WHAT I SEE, IT CREATES EQUAL LOWS AND EQUAL HIGHS. THIS IS GONG TO BE GOOD ONE, IT WILL COME, ITS JUST GOING TO REQUIRE TIME. LETS SEE HOW THIS PLAYS
I AM NEW TO THIS BUT ACCORDING TO EQUALS HIGHS(LIQUIDITY) THEY NEED TO BE TAKEN OUT/CLEARED. MARKETS DO NOT LIKE "IPA" (INSUFFICIENT PRICE ACTION) AND IT NEEDS TO BE COVERED. WE SHALL WAIT FOR THIS TO GET PLAYED OUT !
