<Oct '11, We can acknowledge that there is a newly formed series of HIGHER HIGHS and HIGHER LOWS, This expounds to us that the market is presently bullish, this is very essential, especially to PURE PRICE ACTION-TRADERS. Concurrently, the bullish trend has mitigated our long awaited SUPPLY ZONE, which I highlighted with my RED MARKER, and as I scaled down into the current DAILY market, I noticed that the market had changed STRUCTURE(CHoCH), this validates our SUPPLY ZONE, that it is Authentic. The MARKET, as anticipated, is going to rally down, fill up the FVGs, and Mitigated the unmitigated DEMAND ZONE(Institutional funded area), marked with a blue highlighter, that created the current Higher High(of the internal bullish trend).
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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.