Checked the daily now, zoomed out...
Interesting points (althoug too tired to post the chart)
1)- Channel formed this week (9700 down to 9300) about as inclined as the up channel formed in November - inclination means speed...
2)- 4 days in a row - 4 negative candles - about 40 pips retracement each - the up move did't start at that pace
3)- Candle's open/close don't overlap
4)- No strong resistance perceived from 9000 to 9300 on the way up - we are now in the opposite direction...
5)- This reversal was clearly intentional and i dare to say premedited...
Dec 3 - 210 pips down - general hangover - caught everybody pants off
Dec4 - 80 pips down - general handgover + "what hit me?" - one single big spike down and strong buffer.
Dec5 - shortcutted many anoying support wannabees using NFP
This is not a conspiracy theory or whatever... Just let's keep this sharp down channel in mind for a couple of days more... - there might be not that many days left afterwards, anyway...
I'll keep my daily open during next Monday's session... will help in the previsibility...
I just happen to like that kind of "formula-free" analisys... On the big boys - I don't want to how they play - I want to know how they think....
Just my 2 cents, like you guys use to say...
Interesting points (althoug too tired to post the chart)
1)- Channel formed this week (9700 down to 9300) about as inclined as the up channel formed in November - inclination means speed...
2)- 4 days in a row - 4 negative candles - about 40 pips retracement each - the up move did't start at that pace
3)- Candle's open/close don't overlap
4)- No strong resistance perceived from 9000 to 9300 on the way up - we are now in the opposite direction...
5)- This reversal was clearly intentional and i dare to say premedited...
Dec 3 - 210 pips down - general hangover - caught everybody pants off
Dec4 - 80 pips down - general handgover + "what hit me?" - one single big spike down and strong buffer.
Dec5 - shortcutted many anoying support wannabees using NFP
This is not a conspiracy theory or whatever... Just let's keep this sharp down channel in mind for a couple of days more... - there might be not that many days left afterwards, anyway...
I'll keep my daily open during next Monday's session... will help in the previsibility...
I just happen to like that kind of "formula-free" analisys... On the big boys - I don't want to how they play - I want to know how they think....
Just my 2 cents, like you guys use to say...