Whenever I approach the markets in the morning I always ask myself, "Who is in control".
Currently as it stand from the weekly timeframe, down to the hourly timeframe, supply is in control. And currently on the 15 minutes time frame demand seems to be in control of the markets, and why is that, the answer is simple it's more likely building liquidity to balance price on the bigger timeframes then supply comes back in control on the 15 minutes.As I'll always say the market is fractal meaning anything that's going to happen on the higher timedrame will actually begin from the seconds timeframe e.t.c. So lets see what oppoutunity the market has to provide for us this morning, and NB: this is just my own view off the market and please don't soley rely on it please, and please do your own personal research before jumping into any conclusions. And my entry criteria is based on the 1 minutes timeframe, and I'll be sure to share them here also. Peace out.
Please don't forget to leave a like, and also comment under what your view on the market is, and also give me a follow on here to get more daily content like this every morning before london open on EURUSD.
#Chibuforex.
Currently as it stand from the weekly timeframe, down to the hourly timeframe, supply is in control. And currently on the 15 minutes time frame demand seems to be in control of the markets, and why is that, the answer is simple it's more likely building liquidity to balance price on the bigger timeframes then supply comes back in control on the 15 minutes.As I'll always say the market is fractal meaning anything that's going to happen on the higher timedrame will actually begin from the seconds timeframe e.t.c. So lets see what oppoutunity the market has to provide for us this morning, and NB: this is just my own view off the market and please don't soley rely on it please, and please do your own personal research before jumping into any conclusions. And my entry criteria is based on the 1 minutes timeframe, and I'll be sure to share them here also. Peace out.
Please don't forget to leave a like, and also comment under what your view on the market is, and also give me a follow on here to get more daily content like this every morning before london open on EURUSD.
#Chibuforex.