Context Press to death, until everybody is short, but all in a range like, ugly looking pattern. Swings price at lower extreme of last major, unfinished down swing (grey) Price Action every time price reaches a (false) low (where support is expected & stopps are sitting behind), somebody pushing it just a little below, and then pull the string...
Context: major DT intact blue Centerline allready reached & breached, with a potential shift in frequency Price Action massiv pressing, LH's & LL's The green SL (Sliding Parallel) could be a supporting line, as PA allready proved bevor. Nontheless, nothing that indicates a potential turn. Just watch and observe it. Peace!
It's all in place for a new potential turn... Context From extreme top to center to extreme low again. And here we are, at the L-MLH (Lower Medianline Parallel). We had a nice push through the upper ML-H. And so we can expect the same below here (dashed red sliding). In these higher timeframes we can see very good how price is reacting within a fork, which...
Context: monthly uptrendig intact natural PB to lower extreme Swings seems that major pendulum swing has fullfilled its job, since the sinus wave looks completed also the minor sin. wave completed Price Action orderly former flow to the downside pressing - major fish in the pond wants cheaper price to fill his bag create panic - whale create...