Iboltax
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Joined May 24, 2019
economiccycle
fractal
indicator
mtfa
seasonality
supplyanddemand
supportandresistance
trendanalysis
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Price is contracted coming at the start of a new month. Liquidity is drawn away, opening up the potential for a larger move. I'll take the risk incase the last few hours of this week result in a rally back to pick up offers. In my view the last move up needed to keep going because the the nearer bid pools look drained.
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If the current run continues to break down we could reach into deeper fractals below judging by the way the current bid fractal has been dealt out, Hard to pick an exact entry level but if price extends bullish into Late NY or Asia a short entry may be possible.
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