DislikedAUDUSD All day the price has moved about the PVT, which is also the 50% retrace of the bull run on Friday. During the LS today, the rising volumes have coincided with the beginning moves up in the cycling of price up and down. This could be a sign of genuine buying. Now, in after hours, the MMs have increased their trading as they approached, and then broke low again, the PVT area. This is very clear to see on the M1 chart. So, it looks like the MMs might be accumulating long orders. {image}Ignored
DislikedAUDUSD and RBA First release coming now might be followed with the MMs pushing up price. This could be to suck in longs for future liquidty obtained by a stop hunt of longs in three hours when the rest of the AUD high impact releases hit. Just a possibility, but one realistic enough to be on guard for a stop hunt of longs later. -tahIgnored
And so they were, and so they did,......and there might be more to go.