Price is making half batman pattern. During first asian opening on Friday, price was trapping break out trader at 1900 and above. During London and New York session, price went up to tap sellers who were in profit (get out with breakeven only). Just before market closed, another stophunt occured on last minutes. All breakout buyers trapped, and mostly seller were taken out with small profit. Next week price expected to drop to previous imbalance area around 1848.
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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.