The accumulation at the major level as a inverted hs wedge like structure was done just to put price at the market buck level every move have a psychological effect that reflect on buyer n seller sediment. Thus accumulation below a level is to test a higher point of interest! N versa at resistance!
Thus the rapid drop in price at the buck level reinforced the agenda of buyers! Rapid movements only attracts retail traders!! and retails traders are the biggest losers! So we know who trade what ! N we know they are buyers aiming to complete the reversal by trending above the buck . As the drop was a flush out of residue sell orders ( hence rapid movement )in which buyers are liquidating it currently as explained on post 1/2!
This is done by manipulating sellers to sell a continuous swing
After they shortening that thrust
They convince buyers to buy a bottom
Only to take first buyers sl out
Thus leaving the market in a state on confusing clearing out liquidity above n below structure in the box here..
Moreover there’s a daily doji from Friday within the accumulation wedge at the major level… this can be a test to go lower or a rejection..
trading is a probability game not gambling! The probability is the dojis is a rejection from the accumulation wedge within the overall context of the market ! Thus we aim to buy over sell ! Giving us a cheap entry with a small sl as trading in underneath agenda over the visual agenda will ALWAYS but u on the correct side more than not!
Thus the rapid drop in price at the buck level reinforced the agenda of buyers! Rapid movements only attracts retail traders!! and retails traders are the biggest losers! So we know who trade what ! N we know they are buyers aiming to complete the reversal by trending above the buck . As the drop was a flush out of residue sell orders ( hence rapid movement )in which buyers are liquidating it currently as explained on post 1/2!
This is done by manipulating sellers to sell a continuous swing
After they shortening that thrust
They convince buyers to buy a bottom
Only to take first buyers sl out
Thus leaving the market in a state on confusing clearing out liquidity above n below structure in the box here..
Moreover there’s a daily doji from Friday within the accumulation wedge at the major level… this can be a test to go lower or a rejection..
trading is a probability game not gambling! The probability is the dojis is a rejection from the accumulation wedge within the overall context of the market ! Thus we aim to buy over sell ! Giving us a cheap entry with a small sl as trading in underneath agenda over the visual agenda will ALWAYS but u on the correct side more than not!
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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.