PRICE ACTION AND TREND CYCLE
Updated
CADJPY
FIGURE 01 is the monthly and weekly market structure.
What do you see?
Sellers took control over buyers?. YES
FIGURE 02 is the daily market structure.
What do you see?
Are sellers still willing to take price down?. YES. Why?. Because there is invalidation of the daily demand zone.
SELLERS are in power, where to join the crowd?. At the invalidated daily demand zone that became supply zone.
Watch the RE-ENTRY ZONE to join the crowd (sellers)
For precise entry look for lower time frame 4Hour and 1Hour when price is in the RE-ENTRY ZONE
STAY UPDATE.
FIGURE 01 is the monthly and weekly market structure.
What do you see?
Sellers took control over buyers?. YES
FIGURE 02 is the daily market structure.
What do you see?
Are sellers still willing to take price down?. YES. Why?. Because there is invalidation of the daily demand zone.
SELLERS are in power, where to join the crowd?. At the invalidated daily demand zone that became supply zone.
Watch the RE-ENTRY ZONE to join the crowd (sellers)
For precise entry look for lower time frame 4Hour and 1Hour when price is in the RE-ENTRY ZONE
STAY UPDATE.
Note
Keep on if you captured the race
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