Footprint of Efficient price delivery after significant liquidation of BSL, sign of bearish trend.
AU is showing footprint of algorithmic price delivery, from the way price move we can tell it’s now behaving slightly differently from the past, we can now see price is at its best to deliver efficiently, and this is the sign of price is ready to starts a new bearish trend. Price starting to sweep LQ (not leaving major LQ behind) and start to deliver efficiently (filling up inefficiency and not leaving IMB behind) are the evidence of preparation for a trend.
AU is showing footprint of algorithmic price delivery, from the way price move we can tell it’s now behaving slightly differently from the past, we can now see price is at its best to deliver efficiently, and this is the sign of price is ready to starts a new bearish trend. Price starting to sweep LQ (not leaving major LQ behind) and start to deliver efficiently (filling up inefficiency and not leaving IMB behind) are the evidence of preparation for a trend.
Comment:
Intermarket Analysis
