Taking a risky buy on US30 from the demand equlibrum lets see how it goes
THis buy holing will invalidate the early sells making the sells a low probability trade
With US30 depicting a bearish trend on the !h timeframe i am inclined to take a short sell. Also bearing in mind that the overall trend on the daily is bearish
SAXO:XAUUSD FOREXCOM:XAUUSD EIGHTCAP:XAUUSD
After a somewhat bullish run on OANDA:XAUUSD , we are starting to see a deep retracement into unmitigated sponsored demand zone around the 2296.399 to 2279.660.
Price upon reaching this zone has been unable to proceed lower indicating absorption and exhaustion of selling pressure also accompanied by a break of...
NASDAQ has been bearish for a while....
Then it paused for a while by reacting the the demand zone painted as a doji ...
While reacting to this xone multiple time...liquidity has been generated by creating multiple equal lows.
Having spotted another demand zone just below the equal lows and price currently hovering around the support area(equal lows).
I...
