What did we tap?
Narrow monday close...
What potential are they doing?
Mirroring tuesday expansion if we have into account wednesday gap as really tuesday close... If not already done and any buy already should have most of the profit taken..
Then to me price stay efficient again and is not about gap despite can be used as a pattern by itself.
This looking to one of open patterns of weekly...
The momentum is bearish, market simple don't work as straight as many people wish...
In fact i talked about Ny manipulation on Friday and that zone is used more times than not to another extension, if not play we should ask why? Not fight.
EDIT: In my broker we already taped, in other where i make my studies, don't! So to be more precise, price to me stay efficient at 4736.260, not related to weekly pattern.
And i learn hard way they don't need close imediatly inefficiencies, just average, despite they will at some point.
Narrow monday close...
What potential are they doing?
Mirroring tuesday expansion if we have into account wednesday gap as really tuesday close... If not already done and any buy already should have most of the profit taken..
Then to me price stay efficient again and is not about gap despite can be used as a pattern by itself.
This looking to one of open patterns of weekly...
The momentum is bearish, market simple don't work as straight as many people wish...
In fact i talked about Ny manipulation on Friday and that zone is used more times than not to another extension, if not play we should ask why? Not fight.
EDIT: In my broker we already taped, in other where i make my studies, don't! So to be more precise, price to me stay efficient at 4736.260, not related to weekly pattern.
And i learn hard way they don't need close imediatly inefficiencies, just average, despite they will at some point.
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