After a long down trend for the most part of the week. price eventually took out a significant low and is now looking to retrace back to the upside. Im now looking for a rally to take out the Asian high therefor confirming the trend to the upside. If price respects my analysis, i expect it to take out the long doji candle wick and tap into the imbalance which broke the market structure to the downside.
we should now be looking for buys since price has completed the sell side curve of the market models.
we should now be looking for buys since price has completed the sell side curve of the market models.