JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, and that begs the question, wouldn't they try to set a big trap first by moving it one way and making it look powerful in that direction, then doing the intended sharp move, so how does that fit best into the layout? I know it has to want to sweep it down here through that SL and price flow. But that doesn't say whether that's the fake or the follow through move...
Originally posted by rat89
they mean to move it sharply tomorrow....but which way?
JI
jimkane
Rep: 3,058
Posts: 33,089
Here it comes, into the cash close?
Originally posted by jimkane
I'm thinking snappy bounce right here.
JI
jimkane
Rep: 3,058
Posts: 33,089
And there it is, exactly what I was expecting. Just a quick 1-min snap bar.
RA
rat89
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Posts: 7,015
I was thinking that's what they did yesterday at 2022 spx, but they are not making it easy
Originally posted by jimkane
Yeah, and that begs the question, wouldn't they try to set a big trap first by moving it one way and making it look powerful in that direction, then doing the intended sharp move, so how does that fit best into the layout? I know it has to want to sweep it down here through that SL and price flow. But that doesn't say whether that's the fake or the follow through move...
Originally posted by rat89
they mean to move it sharply tomorrow....but which way?
MA
MarcinO
Rep: 67
Posts: 5,506
The Euro hit TL on daily and gave back 70 pips. Right now it's testing key price flow at 1.1440, which may send it up again.
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jimkane
Rep: 3,058
Posts: 33,089
After the ES swept them up one more time, they swept them down, right to the intersection of two key lines (there are more lines there, but these two are obvious ones). It was, perhaps, the best example of 'x marks the spot' I have ever seen. Then they swept it up and over yesterday's swing-high. It now sits at a key area here around this 2004.25. We'll see. I still say new all-time highs are most likely coming.
