Re-accumulation on the 30 minute timeframe that will probably fill the daily imbalance in Feb 2018.
My bias is long unless there will be a break of market structure to the downside since price is more or less on a daily trendline. It may look like a daily trendline manipulation if price will head downwards.
My bias is long unless there will be a break of market structure to the downside since price is more or less on a daily trendline. It may look like a daily trendline manipulation if price will head downwards.
Comment:
price really hit the price after an uptrend trendline has been manipulated.
Comment:
Price has probably formed a proper distribution schematic on the FEB 2018 IMBALANCE and head downwards. I don't know if it's break new lows or for the short term only. Further confirmation is needed for such conclusion to be made.