What Is The Market Telling Us?
What Are Market Participants Doing?
- Sell side liquidty taken from stop hunt, giving off a false bias of downward movement
- There is a continuous break of market structure (BMS) in current trend
- Previous daily high has been violated with
What Are Market Participants Doing?
- Within the last 24hrs of this post, there has been a +23% jump in NZD long positions from banks
- The retail traders are losing as 68% of retail traders are shorting this pair, looking for a top within the uptrend
- COT Data reports a +2000 lots added into NZD currency from 38,435 to 40,632
Trade active
Disclaimer
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.
Disclaimer
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.