Around the 1.3420 area, the liquidity would have been targeted by smart money to trigger buy-side stops, followed by a reversal downward. There could be liquidity resting around 1.3290 (below the previous swing low) where stop losses for long positions are likely resting. This could be an ideal area to consider for a potential long if price reaches that...
High Volume on Markup: During the initial rise between September 23rd and 27th, the volume is moderate and steady, confirming participation in the upward trend. No massive volume spikes are seen during the markup, suggesting that institutional players were gradually adding positions. Sharp Volume Spike on Decline (Markdown): Around September 27th, as the price...
Volume Spike: A clear increase in volume around September 25th coincides with the price rally, indicating strong buying interest and confirming the markup phase. However, as price peaks near the end of the 27th, the volume begins to taper off. Bearish Volume Surge: On September 30th, volume spikes as the price drops, indicating that institutions may be driving the...
Mark-Up Phase: This phase typically involves a clear upward movement of prices, often characterized by strong green candles and an increase in volume as prices rise. From the chart, between the 24th and 26th of September, there was a steady increase, with prices peaking around 2,676 - 2,680. This period likely reflects the mark-up phase. Post-peak, the price...
Wyckoff Method: Distribution Phase: This is the phase where the market is in a sideways range (consolidating) before a potential downward move. The distribution typically occurs near market tops. the distribution phase could be identified around the price levels of 1.51400 to 1.51000. We can observe a potential distribution as the price makes repeated attempts to...
xau usd technically sell but volume says retailer vs big players fight hold on lets see whats gonna do big boys
eur nzd possible to touches the level of 1.76085 sl1.77757 CUREENT SITUATION
gbpusd possible to touches the level of 1.27486 current situation FX:GBPUSD
nzd usd possible to touches the level of 0.61669 sl at 0.61138
xauusd Finally hit the target the level of 2048.170