Theinnercircletrader
Potentiel Lower Low on the S&P 500Hello Folks
I think we will see a new Lower low this week on The S&P 500 Like we see on The chart we made a new swing High that took the Buy Stops above 3751.25$ and filled the Efficiency on price Then the Price went to a Discountt I think the price will go another time to the premium above the equilibrium the will take the liquidity on The lower low so we can see a new low formed this week
GBP/JPY will climbI have just entered this position with risk to Rivard XI because the risk of this position is very low.
It is true that the general trend is downward and I think in the long run this pair should decline, but I believe we will have an upward correction and I have risked only half a percent of my account in this position