Thursday brought an "unexpected" downside expansion. In unexpected I mean that I anticipated the March 8 high to be taken too.
If price is still bullish and wants to expand toward the monthly draw on liquidity, I anticipate the above scenario to play out. If we see closures inside the fair value area (below the equal lows) I'm no longer bullish. Price has offered there fair value once, and if the bias is right, it should not spend much time there.
Bigger movements will likely happen on March 24. Manipulation movements could happen on Tuesday or Wednesday.
Ok be safe byyyyy
If price is still bullish and wants to expand toward the monthly draw on liquidity, I anticipate the above scenario to play out. If we see closures inside the fair value area (below the equal lows) I'm no longer bullish. Price has offered there fair value once, and if the bias is right, it should not spend much time there.
Bigger movements will likely happen on March 24. Manipulation movements could happen on Tuesday or Wednesday.
Ok be safe byyyyy
Commentaire:
Oh and almost forgot. It looks sketchy why EU did not created the low of the week during FOMC. Why EU left Tuesdays low? Look at DXY at compare those days( SMT). This is why inter market analysis is important.
That's all byyyy
That's all byyyy
Commentaire:
Idea is invalidated, we are clearly bearish until 1.07958.
OK be safe byyyy