Buyer accumulation at resistance the level of the buck as the massive drop is a market distraction that generated fear n greed. If price stays above alpha we’ll see a hidden rsi channel diverging after the liquidity of beta is taking the buck can be limit as a risk free entry into the new bullish market here as they reversed the pair and the sell off is the last stage in their manipulation as long as price respect alpha low. The market buy will be the active manipulation on a tues or Thursday faking out ( the greed ) the low that reversed as the first bar in the new up trend channel ( the fear) as most won’t want to buy it - fear of losing when in actuality it’ll give the best entry with the least risk.. confirmation will be larger orders triggered above bars if one add limits
The play for us
Our sl was moves one pip below alpha we are still in profits our entry is at .91. We took more off the tablet and added those profits to limits at the buck .98000 and .96000. -above price all from profits in this trade
We add to the trade at the market buy signal and then we’ll move our sl to that added entry..
The play for us
Our sl was moves one pip below alpha we are still in profits our entry is at .91. We took more off the tablet and added those profits to limits at the buck .98000 and .96000. -above price all from profits in this trade
We add to the trade at the market buy signal and then we’ll move our sl to that added entry..
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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.