Potential Retracement Back to POIs before Bear Run
Updated
Today, the market exhibited a slight bearish trend, aligning with the overall high-timeframe bias. However, it appears that institutional investors are still eyeing a brief bullish run to accumulate more liquidity before driving the market downward.
Exercise caution and refrain from selling until a strong bearish market movement is observed. Best of luck to both buyers and sellers.
Exercise caution and refrain from selling until a strong bearish market movement is observed. Best of luck to both buyers and sellers.
Trade closed manually
What an extraordinary day in the markets! While many were eyeing a retracement from lower Points of Interest, the market took a nosedive, aligning perfectly with the High Time Frame and Institutional Bias. For those who found themselves ensnared in the bear's claws, remember: the market is a fickle beast, but it also offers second chances. There's always a new dawn and a new trading day to turn things around. Keep honing your skills and never lose sight of the learning curve. we're all perpetual students in this vast financial universe.As for me, today has been incredibly rewarding, both in terms of experience and profits. I'll be sharing some insights into the Gold Market later tonight
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