The price action zone which caused a large move down to begin on 10th October , caused another move down . I didn’t think this zone would cause a down move as big as this to take place, but it has, and as a result it now seems like we’re going to see the market move all the way down to the lows of swing which caused the move into the zone to occur.
From the way things are looking, I think we will see the market break through the low of the swing a short time after it’s reached it. A retracement of some sort will probably take place once the market reaches the low, but it won’t be long before that comes to an end, and the market proceeds to fall into the daily demand zone
From the way things are looking, I think we will see the market break through the low of the swing a short time after it’s reached it. A retracement of some sort will probably take place once the market reaches the low, but it won’t be long before that comes to an end, and the market proceeds to fall into the daily demand zone
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