Hey guys! Right now we are seeing the market makers push price back up toward the peak. Although the daily is trending long be cautious of holding long trades. New traders should stay out and wait for the MM to lock in the multi-day peak. Trading back toward the peak is not advised. Know that trapping and shifting could come from a rejection near the zone flip. We do have a possible reset long from the peak low that was put in on Friday. While a reset is possible, we are favoring our projection of the market makers setting up a short cycle. React to the market. Don't predict.
Happy trading!
Disclaimer!
This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.
Happy trading!
Disclaimer!
This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.
Would love to hear from you guys. If you happen to use the projection provided for your next trade feel free to message me with questions and updates.