WEEKLY ANALYSIS 25/4
if the dark will do something they will do 2 things to manipulate the market
first, they will push the market lower to induce sellers below 1.0753
2nd, they will push the market higher to grab that liquidity above 1.0940
so, they will mitigate that blue box
the risk to reward of this move is 1:5
the worst-case scenario is to trade below 1.0753 and keep pushing lower ( long liquidation )
what to do?
we have to focus on blue box intensively for any internal characteristic change
if the dark will do something they will do 2 things to manipulate the market
first, they will push the market lower to induce sellers below 1.0753
2nd, they will push the market higher to grab that liquidity above 1.0940
so, they will mitigate that blue box
the risk to reward of this move is 1:5
the worst-case scenario is to trade below 1.0753 and keep pushing lower ( long liquidation )
what to do?
we have to focus on blue box intensively for any internal characteristic change
Trade closed: stop reached:
small loss compared to this big drops is a win to me even though we stopped out