Disliked{quote} Fardeen, buddy of mine, you are way smarter than that! CPI hit the same levels last July at this time! We have had CPI heading towards 2% several times only to reverse! The market is doing its thing. Some bidding up. Some bidding down. Price going in the opposite direction to the majority of traders looking for liquidity to fund the next move.Ignored
Usually at extreme of fifth wave, large candle occured for manipulation.
Daily structure still intact tho. Expecting a deep correction to at least 18900 (for nas100) then, major trend resumes.
That 4hr Sz at 20670 becomes juicy
More time in the market, does not mean you trade better!
2