As mentioned beforehand n the market went up near 2k pips so afterwards.. n just as mentioned on that Same post we discussed that buyers will need a double bottom to reverse! For clarity To reverse price into the black range box here.
As mentioned in that post n here as well the volume of the low is very high. We see it at 436k.
High volume like that will be tested.
Thus we can expect the market to slide dwn this month of JANUARY! To ideally test it at a lower low The buck level is where it’ll take place at n if buyers are able to fade the sell we can expect the market to run up bout 4k pips to retest the cluster tops with a high probability of reversing completely. As mentioned Back in Jan 2021 that the top labeled as 2 was a weak top n price will return to it as the 2 is the second top at the zone. The first not label here is a stronger top. Which means sellers are getting weak at that level. How far the market dropped is unpredictable but the psychology don’t change we know price will Revisit that level.
So it’s a good time to watch the move mentioned n be apart of the move starting from the buck..
Tip for ur easy if/when u see a strong move up or low tails forming at the buck (faking out lower prices ) then u need to buy n sl the lowest fake out..
No excuses..
As mentioned in that post n here as well the volume of the low is very high. We see it at 436k.
High volume like that will be tested.
Thus we can expect the market to slide dwn this month of JANUARY! To ideally test it at a lower low The buck level is where it’ll take place at n if buyers are able to fade the sell we can expect the market to run up bout 4k pips to retest the cluster tops with a high probability of reversing completely. As mentioned Back in Jan 2021 that the top labeled as 2 was a weak top n price will return to it as the 2 is the second top at the zone. The first not label here is a stronger top. Which means sellers are getting weak at that level. How far the market dropped is unpredictable but the psychology don’t change we know price will Revisit that level.
So it’s a good time to watch the move mentioned n be apart of the move starting from the buck..
Tip for ur easy if/when u see a strong move up or low tails forming at the buck (faking out lower prices ) then u need to buy n sl the lowest fake out..
No excuses..