NAS STRUCTURAL CONFLUENCE.
EW CONFLUENCE
A THIRD BOUNCE TO THE DESCENDING TL IS EXPECTED.
THE DAILY PATTERN IS CONTRACTING. BUYERS HAVE LOST MOMENTUM BUT THE SELLERS HAVENT REACTED YET.
IM SELLING NOW, BUT A MOVE TO THE HIGH TO ATTRACT MORE CONTRACTS FOR THE BIG GUNS TO TAKE OUT AND PLACE THE REMAINDER OF THEIR SELL TRADES WILL BE NO SURPRISE.
PRICE IS STILL GUIDED BY AN ASCENDING TRENDLINE. ITS BREAK SUGGESTS MONEY.
#AlphaPatternFX
EW CONFLUENCE
A THIRD BOUNCE TO THE DESCENDING TL IS EXPECTED.
THE DAILY PATTERN IS CONTRACTING. BUYERS HAVE LOST MOMENTUM BUT THE SELLERS HAVENT REACTED YET.
IM SELLING NOW, BUT A MOVE TO THE HIGH TO ATTRACT MORE CONTRACTS FOR THE BIG GUNS TO TAKE OUT AND PLACE THE REMAINDER OF THEIR SELL TRADES WILL BE NO SURPRISE.
PRICE IS STILL GUIDED BY AN ASCENDING TRENDLINE. ITS BREAK SUGGESTS MONEY.
#AlphaPatternFX