As far as I concern, it will probably dump down and grab all the stop-loss, retest previous resistant turned support, touch the order block and then bounce up after they have enough liquidity.
plus it seems the trendline from May 20 and Nov 20 seems to be holding, if bounce again then it will validate the trendline.
put all together, there is a huge confluence around 1.200.
nothing much now but wait and see, after all trading is 80% waiting
plus it seems the trendline from May 20 and Nov 20 seems to be holding, if bounce again then it will validate the trendline.
put all together, there is a huge confluence around 1.200.
nothing much now but wait and see, after all trading is 80% waiting
Comment:
Still at it folks nearly there, likely gonna hunt lower time frame first before making the last push to the down side before going up