Continuation of my last idea.
Both TPs got hit and the short term rally pushed after sweeping the lows.
The rally was met with to large of a bullish sentiment to be solid and will most likely fail due to the time it took to be met.
Expecting a further drop below these lows with then a steady decrease in selling pressure leading to stalling below the lows of the target.
Once stalling has started i expect the market to retest highs of the stall before the large order influx that will change the short term cycle of this market from a short bias to a long bias.
this long bias, if met, will likely last a few days and sit above the highs of the week.
Both TPs got hit and the short term rally pushed after sweeping the lows.
The rally was met with to large of a bullish sentiment to be solid and will most likely fail due to the time it took to be met.
Expecting a further drop below these lows with then a steady decrease in selling pressure leading to stalling below the lows of the target.
Once stalling has started i expect the market to retest highs of the stall before the large order influx that will change the short term cycle of this market from a short bias to a long bias.
this long bias, if met, will likely last a few days and sit above the highs of the week.
Dagangan aktif
Sl now moved to break evenDagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.