On the Weekly and Daily timeframes a new Lower Low has been engineered. A set of relatively equal highs were printed in the market during the swing down, just below what looks like an institutionally engineered supply zone via liquidity sweep. My expectation is for the market to remain bullish until buy-side liquidity above the highs and around the supply area are grasp by large money participants who are waiting to drive price back down.
Multiple Time Frame AnalysisSupply and DemandTrend Lines

คำจำกัดสิทธิ์ความรับผิดชอบ