With Sellside delivering, the expectation was for a retracement to target the previous weeks trading range which never came to fruition.
Instead, Thursday delivered into a Sellside imbalance buyside inefficiency, failing to reach into the NWOG, indicating signs of weakness before Friday came about and delivered a bearish inside day candle.
I believe there is unfinished business down at 3.763%. I have my eyes on the 25% quadrants within the volume imbalance
Order cancelled
Traded to and reversed from the 25% quadrant encroachment for the daily volume imbalance.
Once 3.877% relative equal highs was traded through on Thursday 26th, it was off to the races.
Please relate to my updated post to gain a perspective for this weeks price action.
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