90 % CHANCE IS THAT BANKS ARE GOING TO ENTER THE MARKET FROM WHERE THEY LEFT WHICH IS THE YELLOW LINE, AND BANKS WILL PUSH THE MARKET MORE UP, WHERE MY TAKE PROFITS IS INDICATED, WAIT FOR REJECTIONS BEFORE ENTERING. MANAGE YOUR OWN RISK
BANKS WANT TO PUSH THE MARKET MORE UP, ALREADY THE MARKET MOVED UP FROM THE YELLOW LINE WHICH I HAD PREDICTED A WEEK AGO. A SHORT PROFIT IS EXPECTED
ALREADY BANKS ENTERED THE MARKET AND PUSHED UP, NOW THE MARKET WILL GO TO THE NEXT ZONE
MARKET DID CRUSHED, ONE OF THE REASONS WAS FUNDAMENTAL. BUT THATS NOT I THINK, THE MARKET CAME DOWN, BECAUSE BANKS PUSHED FEW WEEKS AGO, SO I NEED TO COME DOWN AT ANY COST. NOW THE MARKET NEEDS TO GO UP, AND ONCE IT HITS YELLOW LINE FROM THERE BANKS WILL AGAIN ENTER THE MARKET AND PUSH THE PRICE DOWN, BECAUSE BANKS FIRST BUY THEN SELL AND VICE VERSA. SO IF YOU...
I HAD ALREADY PREDICTED THE BIG DROP EARLIER TODAY, BECAUSE BANKS PUSHED THE MARKET DOWN, AND THE MARKET NEED TO COME BACK AT THAT LEVEL, ONCE THE MARKET REACHED THAT LEVEL, IT FROM FROM THERE, NOW THE MARKET WOULD FURTHER DROP TO THE YELLOW LINE BECAUSE THIS WAS THE LEVEL FROM WHERE BANKS WOULD TAKE THE MARKET, UP. THIS TRADE IS VERY RISKY, BECAUSE BIG...
THE PRICE WOULD DROP TO THIS LEVEL, BECAUSE THIS WAS THE LEVEL FROM WHERE THE BANKS ENTERED THE MARKET AND PUSHED THE PRICE HIGH, ONCE THE PRICE REACH YELLOW LINE FROM THERE, WE NEED TO WAIT FOR REJECTIONS, THEN THE PRICE WILL CONTINUE MOVING UP!
SUPPORT AND RESISTANCE, MORE CONFIRMATION FROM DEMAND AND SUPPLY
VERY HARD TO EXPLAIN, JUST INSTITUTIONAL TRADERS THING!
VERY HARD TO EXPLAIN, JUST INSTITUTIONAL TRADERS THING.
ACCORDING TO INSTITUTIONAL TRADERS, YOU CAN ENTER NOW, IT IS THE BEST TIME TO GO LONG, PRICE HAD TOUCHED YELLOW LINE, THIS IS THE LINE WHERE BANKS WANTED TO ENTER AND THEY HAVE ALREADY ENTERED. N0W GO LONG AND MOST PROBABLY PRICE WILL HIT TAKE PROFIT. MANAGE YOUR OWN RISK, I'M NOT A FINANCIAL ADVISER.
TWO POSSIBLE SETUPS, MANAGE YOUR OWN RISK, BANKS HAVE ALREADY ENTERED THE MARKET AND MANUPILATING AS THEY WANTED. I THINK WE CAN GO LONG NOW.
ALREADY WON A TRADE FOR 110 PIPS ON THIS PAIR, NOW THIS TRADE CAN BE RISKY, DOUBLE BOTTOM HAS BEEN FORMED, AND NOW LOOKING TO BUY, THEN AT YELLOW LINE, A POSSIBLE SELL OPPURTUNITY. THATS WHAT BANKS ARE LOOKING FOR!
DO NOT ENTER NOW, WAIT FOR REJECTIONS THEN ENTER, FIRST BUY THEN SELL AT YELLOW LINE.
VERY HARD TO EXPLAIN INSTITUTIONAL TRADERS IDEA. FIRST BUY THEN SELL.