Per yesterdays close, the peak is officially locked and we can begin to look for opportunities long. There is the possibility that price could come back and text the peak which would put us in line with a mid-week reversal for wed. I'd be cautious with trading back toward the peak. The bigger grabs will be long.
So far it looks as if we got 3 addition pushes in L3 and trap though of a zone. Today's daily close will determine if we're ready to rev and begin to look for opportunities long. #thepowerof3s #reactdontpredict
I hope everyone enjoyed the long weekend. This week I am looking for EU to trap through and reverse at one of the zones. The DXY will drive this movement. When the EU locks its peak low we will then look for opportunities long. I would be cautious in holding shorts for too long. Regardless of any analysis, we will play what the market gives. Always keep an open...
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EU finished the week as predicted. Congrats to anyone who took a piece of the action. -until next week #thepowerof3s
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EU should continue to trade away from its peak reset for the rest of the week. Although trades can be taken both ways, the bigger is to the downside. Always trade the DXY to gauge direction for EU. #thepowerof3s
EU is starting to look more and more like a reset. Although the DXY is struggling to take out the weekly high, I am still looking for EU to continue to the downside. #thepowerof3s
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Wait for retracement bullish trend and then sell the resistance. Try Get In As High As Possible.
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MMM had a massive High Frequency Trader gap down in April, but has now found support at a previous low from 2016 that is a fundamental support level. Massive Smaller Funds Volume Weighted Average Price selling occurred after the gap down. The bottom has shifted the trend to the upside.
Price has been rising for 3 days. We have a rejection of last weeks high following the dealers method. great risk to reward.