I will start this discussion topic with EURUSD chart.
On Friday it reversed six pips below the zone. I assume it may hold for a while and give some reaction but then it will be crashed.
Just my opinion.

Stabs to a new RTH HOD, and drops to the first KZ area. Yawn. Lather, rinse, repeat ad nauseam.

Another leg ad infinitum.

Okay, give me another little KZ pullback, and then let's have another leg. All the way until the close. Then we can start again Sunday night...

And here it is. Time for another leg. Yawn. I hope I can stay awake until the close with all this repetition.

And there it is. Yawn.

Originally posted by jimkane

And here it is. Time for another leg. Yawn. I hope I can stay awake until the close with all this repetition.

Time for another leg.

It doesn't matter that this is an area. It doesn't matter that it just did a near perfect 3D into the area. It doesn't matter that the last drive had a big 1-min volume spike. It doesn't matter that it's overextended here. All that matters is the manipulators want to repeat this pattern until the close. If they weren't told to spread their ammo out they'd run it to new all-time highs before the close.

Woo-hoo, it's pulled back a whole 2.25 points. Wow.

Which is the first KZ.

Just amazing. Not in how cool it is, in how stoo-pid it is. I'm not saying it isn't tradeable, I think it's highly tradeable, it's just so pathetic to see a totally pre-engineered ramp.

I realized it now ..... Thanks Jim .