Reply To: Chart Question

#47081
MatDerKater
Participant

Here it is zoomed in.

The market will have motivation to rinse the Longs building up beneath price, but will likely balk at the clutch of Short Position Bars, and not want to give these guys a chance to exit with their shirts on their backs……with no major econ release on the horizon, likely that EURUSD goes down to get the Near Term Longs. Stops prior to the Short PBs, then works it’s way back up to harvest the NT Short SL cloud up above.

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