Disliked3377 09.02 GB low (old gap downside low whose top is at 33935): this GB action is filling GB session 09.02 Very elongated profile. Attempted rally from weekly balance.Ignored
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Disliked3377 09.02 GB low (old gap downside low whose top is at 33935): this GB action is filling GB session 09.02 Very elongated profile. Attempted rally from weekly balance.Ignored
DislikedAnd note that 3377 is pit 2019 high. GB is pre testing it before pit open. Acceptation above it and above 33835 needed for any serious continuation upside. Furthermore B period low at RN 3350 is weak: take note.Ignored
DislikedIt retested 3377 and liquidated again. Note 3350 B low at RN still in place and D low at half back just 2 pips above it. It can anyhow spike test to 33935 and liquidate or liquidate only. So watch out.Ignored
Disliked{quote} Watch out if you'll see no continuation below 3350: the game can also be only to take out those weak buyers and retrace. If continuation, liquidation.Ignored
Disliked{quote} Retested 3350: it took out weak buyers at HB but it left weak buyers at 3350. Still a very risky market in my opinion. I'm thinking to wait till pit or maybe even tomorrow. Now, for next couple of periods it can spike test up to 33935 or again attempt to 3350 weak buyers. I probably will not be in both of these possible actions.Ignored
Disliked{quote} GB tested with its last period 33935 (filling the double pass gap. Now preUS opened above current pit gap downside 3356-3369 and this is important as we are below a major yearly trendline around 3420-3430 (I generally do not care of trendline but this is huge and can impact seriously) ...Ignored
Disliked{quote} GB tested with its last period 33935 (filling the double pass gap. Now preUS opened above current pit gap downside 3356-3369 and this is important as we are below a major yearly trendline around 3420-3430 (I generally do not care of trendline but this is huge and can impact seriously) Take care of the gap we are leaving downside especially at pit open because at that moment in time we will have a double pass gap there (3356-3369) if price remain up here. Important ref for preUS-Pit: 32895 last week pit unch current pit November high...Ignored
Disliked{quote} Retested 3350: it took out weak buyers at HB but it left weak buyers at 3350. Still a very risky market in my opinion. I'm thinking to wait till pit or maybe even tomorrow. .....Ignored
Disliked3340 major value area high tagged. Elongated profile: this is a liquidation. If strong it can retake all down to 32975. If not back to balance and eventually retest of 33835 highest pit unch of 2020Ignored
Disliked3340 major value area high tagged. Elongated profile: this is a liquidation. If strong it can retake all down to 32975. If not back to balance and eventually retest of 33835 highest pit unch of 2020Ignored
DislikedAlso note that the double GB gap pass at 3319-3325 if left in place until tomorrow GB open (if GB open will be below it) will become a TRIPLE pass gap: and this is very attractive for price action. So take note if you will see price going far lower that particular zone.Ignored
Now, let's put together all these factors 3150 (October inside month high), 3187 (11.13 inside session high), 32975 (inside week high):
whatever will occur in the next following GB sessions that will see price above such levels will be a confirmation of current attempted rallies.
So, how and when could we consider such actions interrupted or reverted?