This is the local picture I look at in 4H we have currently respected the old NWOG formed in the end of November, however, there is still sell side and the BPR are located below, which I would rather like to see quickly swept and then price returned back above the NWOG to fill the inefficiencies higher
Looking from the perspective of AMD model we are expecting the manipulation below the sellside, eventhough the overall move itself is manipulative which takes out the buyers with every next swing down in the range of the previous post. I think we are about to retest the balanced price range where the liquidity is marked by the trend line. the potential fair price...
In my opinion we are going to see the bearish short term continuation to rebalance, into the black area of interest (lower quadrant of the bullish order block along with the previously formed RTH Gap, which I do not expect to see retraced considerably if we want to see the further bullish movement) around the inauguration of trump and retrace slightly by the end...
