This is update # 4 of series to provide an outlook of the trap that took place.
Whales are continuing to grab people on lower time frames and now we are at a critical area.
If BTC breaks 21900. Whales have confirmed trend to the downside and going to be testing 20900.
Good luck everyone this is not a drill. you are in very bad territory if you don't know what...
After EURJPY broke out of the consolidation area. It is now creating a bullish flag pattern. if it can keep the support there is a possibility for it to extend once again. If It fails to hold 4h support and EMA I will look for short opportunities.
Greetings RR.
Market got their money back from last week so far, and that in a sense what I expect this to be (I may be wrong). But in my mind, nothing has changed but the algo's hitting the buy button instead of sell the first two days. I don't think they will want to hold long exposure into the weekend (again, I may be wrong). But this two day slingshot back to prior levels...
