Potential spike to the low for News then reverse to the upside
Tried to fake us out at the high ...no new tricks ..we killing them!!!!!
This was my analysis on EURUSD, Macro downtrend retest of that major trend line after induction trend created Tripletop and drop (rhymes doesn't it )
MANIPULATION AROUND THE HIGH OF THE PREVIOUS WEEK TO DRAW IN LONG POSITIONS THEN POTENTIALLY REVERSE
potential reversal against trapped channel traders!
Key zone tested and respected , almost everyone net long now looking to shift the overall trend against these traders
Pretty simple ... Move against the retail herd!!
Been trending upward for sometime at a nice zone as well should see a nice move downwards