KETSO

KETSO

market maker method, eur/usd broke above enticing buyers, it will now form a M reversal in order to take out those that bought the break out to the above. sell when it makes the tiny M on the second leg of the M.

KETSO

1.A WEDGE FORMED 2.IT BROKE BELOW TO INDUCE PEOPLE TO SELL 3.IT BROKE A RESISTANCE AREA AND IT IS RETESTING IT TO GET MORE PEOPLE TO SELL 4.IT IS CREATING A 'W' STRUCTURE BELOW THE WEDGE IN ORDER TO REVERSE AGAINST ALL THOSE THAT SOLD THE PAIR AND HIT THEIR SL AND BLOW ACCOUNTS 5.THE SECOND 'V' OF THE 'W' STRUCTURE WILL GO JUST BELOW YESTERDAYS LOW-WHICH IS THE...

KETSO

1.IT BROKE OUT OF THE WEDGE, INDUCING PEOPLE TO BUY 2.IT CREATED A RECTANGLE (TRADING BETWEEN 2 POINTS/SUPPORT RESISTANCE) 3.THEN IT BROKE ABOVE RECTANGLE TO INDUCE BUYS FOR BREAKOUT TRADERS, IT CAME TO RETEST TO INDUCE BUYS FOR RETEST TRADERS 4.IT REVERSED AGAINST THEM HITTING THEIR STOP LOSSES AND BLOWING ACCOUNTS- PEOPLE USUALLY PLACE THEIR SL BELOW THE...

KETSO

THE IS A WEDGE PATTERN WHICH HAS BROKE ABOVE AS AN INDUCTION TO THE WRONG DIRECTION. AN M IS CREATED AND AN A REVERSAL IS EXPECTED TO HAPPEN AGAINST ALL THOSE THE FELL FOR THE TRAP AND BOUGHT AT THE BREAK ABOVE. THE IS ALSO A BREAK ABOVE THE RECTANGLE AND A RETEST TO INDUCE PEOPLE TO BUY AND THE MARKET WILL REVERSE AGAINST ALL THOSE BUYERS AS IT WILL FALL AND HIT...