fake bull pump earlier and now a drop to come to fill in the CPI news bull run from yesterday? Lets see what happens! Not shown is a 5min Sell alert from the reversal indicator I use. This alerts me of the possible reversals !
these kind of moves happen all the time, price going to fill in the gaps it created, on all times scales. DXY looks also to be going down for awhile, so that will help the eur go in our direction too. lets see what happens.... The exact opposite could happen - theirs allot of gaps from 2 days before. I have the buy signal there that alerted us of a reversal as...
Signal came out to buy on the 8 min, but the strong bearish action could push it lower before it comes up is my take on it. SL set for past another ifvg too. Lets see what happens boys n gals.
Will it bounce off these implied fvg? Its amazing how accurate they are sometimes but still anything can happen, especially if the market has extreme sentiment bull or bear. Always keeping rr in mind.
Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area iFVG is purple lines
Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area iFVG is purple lines
Same pattern... will it repeat? Thats a dead flat top. But thats allot of liquidity to take up there, theirs also an implied fair value gap too right in the same area.