DISTRIBUTION INSIDE AN ACCUMULATION
I cannot tell you guys in full totality that this schematic is right for sure, it is just an anticipation of the many possibilities offered by the market.
Overall bias is shorts till they sweep the liquidity below.
Interms of intraday perspective I think price will continue down and reverse at 0.8500 zone in preparation of a lpsy.
Enter shorts if and only if price shows signs of a distribution to go lower at the first lpsy.
I cannot tell you guys in full totality that this schematic is right for sure, it is just an anticipation of the many possibilities offered by the market.
Overall bias is shorts till they sweep the liquidity below.
Interms of intraday perspective I think price will continue down and reverse at 0.8500 zone in preparation of a lpsy.
Enter shorts if and only if price shows signs of a distribution to go lower at the first lpsy.