The price action of NASDAQ is too much choppy in the lower time frame. We need tp see the reaction of NYSE open. We have FOMC also today.
Price took an equal high, grabbed liquidity, and started dropping. Now, forming lower high and lower low. We are expecting price will drop more
As the EURCAD market is ranging for the last 3 days, it has presented us with an interesting situation. We are breaking down our analysis from a higher time frame to a lower time frame, for your convenience. 1. Price is currently at an important demand zone in both weekly and timeframe 2. Price has been ranging for the last 3 days and Thursday's NYSE...
EURNZD going to down
Market Structure + Price Inefficiency + Fib Confluence
4H Structure + 1H Price Inefficiency Confluence
Here we see a lot of equal highs and quite obviously retail traders got in seeing a resistance, putting their SLs right above the equal highs. Smart Money knows about Retail Mentality and they know where their SLs would be. They need these SLs to grab liquidity, the latest upwards movement cleared all the SLs, now I'm considering EU to go down as the banks have...