Theory that im currently working with would dictate that we take out these previous lows before flipping momentum. Meaning there is significant amount of pain to come. I think if the casual traders in general had a better idea of what they were doing, than the market would find equilibrium easier. As it stands, there are too many easy targets out there with the ICT and "smart money concept" traders misunderstanding price action that the market just gobbles them up. Be careful out there folks, and good luck traders. I would say not to get truely macro long until this 7k level is swatted at the very least by a wick. Ideally these lows are taken out.
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visit trenvantage.io/ for access and more information
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
