This entire movement since December 22nd within that current demand zone is about 13 days of impulsive liquidity that is setting up for proper price action as a corrective move.
I'll be watching closely for 9AM openings for the rest of the week to see if we break above $137 or below $133.
Breaking below $133 should confirm the overrall sentiment, shifting into bearish for the lower timeframe trend to create more LL's on the higher timeframe sentiment, which we can see below $119.
Breaking above $137 with a retest for HL's may be a confirmation of a complete reversal for the sentiment to shift bullish going into January, which can head as high as $144 in the upcoming days/weeks, and we'll see HH's to a true bullish sentiment after breaking $173.
I'll be watching closely for 9AM openings for the rest of the week to see if we break above $137 or below $133.
Breaking below $133 should confirm the overrall sentiment, shifting into bearish for the lower timeframe trend to create more LL's on the higher timeframe sentiment, which we can see below $119.
Breaking above $137 with a retest for HL's may be a confirmation of a complete reversal for the sentiment to shift bullish going into January, which can head as high as $144 in the upcoming days/weeks, and we'll see HH's to a true bullish sentiment after breaking $173.
Where the white whales are, the white fish also belong.
Just little fish, in a big pond.
Just little fish, in a big pond.
I wonder how many (if any) subs are under prop firms and would like to know which ones they use.