Logic:
Institutions have shown heavy dumping activity, all that's left is to flush the buyers out.
Every time we make new highs we get a drop . This high looks very convincing doesn't it?..
There is no volume currently in the market, we have a Three Drives , and Deep Crab Pattern completing. (Both Bearish)
We have almost completed a full year of institutional trading.
Winter statistically is a bad performing season.
We are heading into elections. A time of uncertainty...
I'm looking short, only after confirmation. If we get an entry it will happen FAST. Definitely expecting volatility.
Disclaimer: I'm not an economist.
Institutions have shown heavy dumping activity, all that's left is to flush the buyers out.
Every time we make new highs we get a drop . This high looks very convincing doesn't it?..
There is no volume currently in the market, we have a Three Drives , and Deep Crab Pattern completing. (Both Bearish)
We have almost completed a full year of institutional trading.
Winter statistically is a bad performing season.
We are heading into elections. A time of uncertainty...
I'm looking short, only after confirmation. If we get an entry it will happen FAST. Definitely expecting volatility.
Disclaimer: I'm not an economist.
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Disclaimer
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Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.