Good evening guys. Currently on the move.
So the story of vectors on higher time frames.
When you trade see with high leverage you limit your threshold to allow price to move.
From this mornings video update we anticipated that the red vector that was yet to be claimed (grey box) would be the zone that price was likely to go into if price sustained the 5 and 13 ema on the 1 hour.
Now that price has moved into this zone. Retail is now stepping in.
Question is what will the retrace look like?
When is the question?
What we need to see is the 50ema compress up to price on the 1hr time frame. Then a break below would see a move towards the 200 ema on the 1 hr.
I will do a video once I arrive and show you what I mean but try and envision what I am saying.
Mad love
T
