Two years ago we said the market is converting into a bullish one that entry mentioned cane below the range ( seen at dotted line) the second entry will be the confirmation bars (plays) described here.
As said previously, sellers will try to sale at the 200ma ( blue) ideally and practical market behavior is to sell above the 200 ma into the orderblock zone that forms a top pattern with the second test being the entry and not off of the rejection of the 200 ma itself. The move up should start to turn , slow down , and than accelerate back towards the range.
The agenda of buyers will be to trap the sale move in the range where price is neutral, trap the 200 average and buy up off of it. That’s the strongest strategy they’ll have to reverse the market if the market shows that the selling can be halted and buyers will add within the range.
The market flavors this because as mentioned
1. The curve of price from the sc
2. That formed into an extended range
3. That’s ranging under the dbd
4. That’s ranging under the 200 ma
5. That is breaking out the range as the 200ma is approaching
So we can sell the high and target the range
And buy the move below the 200ma that breaks above the 200 within the range and sl the range low as depicted.
We’ll know this move is the outcome by watch the move down from the dbd. And a void of trade if price returned back into the range slightly above the 200 ma or rejection at the range high all while the 200 is within the range if this happen ( not probable but possible) we can entry that rejection and then sl the range high the confirmation will be price moving towards the range low and we can add at the breakout thereof.
So theres only one way the market will move afterwards as the ranging phase of this market is soon to end and there will be a long term possibility on either side of the trade here
Will you be ready? Or will you chase price afterwards?
No excuse plz , just win
As said previously, sellers will try to sale at the 200ma ( blue) ideally and practical market behavior is to sell above the 200 ma into the orderblock zone that forms a top pattern with the second test being the entry and not off of the rejection of the 200 ma itself. The move up should start to turn , slow down , and than accelerate back towards the range.
The agenda of buyers will be to trap the sale move in the range where price is neutral, trap the 200 average and buy up off of it. That’s the strongest strategy they’ll have to reverse the market if the market shows that the selling can be halted and buyers will add within the range.
The market flavors this because as mentioned
1. The curve of price from the sc
2. That formed into an extended range
3. That’s ranging under the dbd
4. That’s ranging under the 200 ma
5. That is breaking out the range as the 200ma is approaching
So we can sell the high and target the range
And buy the move below the 200ma that breaks above the 200 within the range and sl the range low as depicted.
We’ll know this move is the outcome by watch the move down from the dbd. And a void of trade if price returned back into the range slightly above the 200 ma or rejection at the range high all while the 200 is within the range if this happen ( not probable but possible) we can entry that rejection and then sl the range high the confirmation will be price moving towards the range low and we can add at the breakout thereof.
So theres only one way the market will move afterwards as the ranging phase of this market is soon to end and there will be a long term possibility on either side of the trade here
Will you be ready? Or will you chase price afterwards?
No excuse plz , just win