US 100 Cash CFDShort
SMC price action
Considering how the market is moving its worth noting that its a new year and the market makers are going to want to get fresher prices that are at a premium discount level in which i believe they're drawn to the lows formed during November 19,918 and October 19,648. as these levels part of the previous 3 month cycle Hhighs and Llows which would mean we might be seeing a 6 month rage being retraced upto almost 50%, "with the entire range after 01Oct 2024 being swept ? " "not sure but it is the price to look at on the monthly "
if this is the case then im still more likely to keep shorting nasdaq till we reach a significant price level , or until i see signs of the market not reaching those particular levels and decides to reverse,
paying attention to the H1 and M15 TFs the run towards today's low is likely and towards the low formed mid Nov, only if the market persists on taking out short term highs for lower prices
if this is the case then im still more likely to keep shorting nasdaq till we reach a significant price level , or until i see signs of the market not reaching those particular levels and decides to reverse,
paying attention to the H1 and M15 TFs the run towards today's low is likely and towards the low formed mid Nov, only if the market persists on taking out short term highs for lower prices
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