bulls has made decision for up .... but don't let more price down and play above sideways area until target reach .... do with strong power .... because in tf m1 found shakeout
play above sideways area = imbalance supply and demand .... demand >>> supply ... even up trend in current price tf m1 still not validate ....
no matter if bulls use force to bring price play above sideways area ... yes ... must use force for this moment .... for tf h4 bulls need 3 strong bullish candle (strong fair value gap)
COME BULLS , BULLS CAN DO IT , even hard
LOGIC behind: THE FED raises interest rates to reduce the rate of inflation, then if THE FED reduces interest rates when the inflation rate has not yet reached the target it will create the potential for a bigger economic recession.
https://www.forexfactory.com/news/12...t#post14706407
and make 1.09678 as resistance to breakout as next target .... then close bears fvg 1.10103 (at least test)
if bull power unites... bulls can do it ... considering USD still dovish ... we still wait PMI (predict bad data) , jolt job opening*? and the FED fomc next day
play above sideways area = imbalance supply and demand .... demand >>> supply ... even up trend in current price tf m1 still not validate ....
no matter if bulls use force to bring price play above sideways area ... yes ... must use force for this moment .... for tf h4 bulls need 3 strong bullish candle (strong fair value gap)
COME BULLS , BULLS CAN DO IT , even hard
LOGIC behind: THE FED raises interest rates to reduce the rate of inflation, then if THE FED reduces interest rates when the inflation rate has not yet reached the target it will create the potential for a bigger economic recession.
https://www.forexfactory.com/news/12...t#post14706407
and make 1.09678 as resistance to breakout as next target .... then close bears fvg 1.10103 (at least test)
if bull power unites... bulls can do it ... considering USD still dovish ... we still wait PMI (predict bad data) , jolt job opening*? and the FED fomc next day
The Average Discount Everything