DislikedDMITRYFX I have closed UJ coz I don't see any more movement up, plus I made there lot of trades which were loading my account. So got rid of it, 700 pips is still money.Ignored
There might not be movement up at this time, but the picture is still bullish.
The MMs have hardly managed a decent retrace on the latest swing up. They did manage a 38% retrace, and that was only to lower price so they could gobble up longs as they came back up! Now, they are wacking the price back below the 1/4 SR and the MR1 pivot for today, also on notable volume as they gobble up longs. This is confirmed on M1 as it shows the volume is increased as the price is lowered.
The bull MMs might get price back below the whole SR. IMHO, if they do then that is an excellent planting opportunity.
-tah