Hi Traders,
So we got the much anticipated sell off that we spoke about on our last post. Price fell and broke through the order blocks acting as support perfectly.
As this has been a large sell off we will want to see a strong rejection of support, giving us a large wick and good amount of buy volume compared to the average overall volume.
The grey zones are order block that will be acting a s short term resistance and we have another large order block below that price may still come down and into. This week looks like it'll be a sell off week.
As always please don't forget to like and comment on our posts, it helps us a great deal and helps keeping these updates free!
Thanks
MS
So we got the much anticipated sell off that we spoke about on our last post. Price fell and broke through the order blocks acting as support perfectly.
As this has been a large sell off we will want to see a strong rejection of support, giving us a large wick and good amount of buy volume compared to the average overall volume.
The grey zones are order block that will be acting a s short term resistance and we have another large order block below that price may still come down and into. This week looks like it'll be a sell off week.
As always please don't forget to like and comment on our posts, it helps us a great deal and helps keeping these updates free!
Thanks
MS
