Good Morning Guys…Is everyone well and healthy?
So the image above is on the assumption that the FTD play will come into fruition and play out to the projected zones…The momentum area is where things may pick up and spike towards yesterday’s low, which happens to be at the wick…
WORD OF WARNING
Today Is a bank holiday in the UK. WE are down a pool of liquidity…
What i mean is the UK banks are closed…
They consider Carnary wharf as the heart of the financial world…So if there is no one working today, you can bet we will see moves happen on light volume.
Again, ladies and gentlemen, the above is to help you train your eyes on a potential move based on what we know about the market makers intention.
Consider the fact that the price has failed to break above the 800 ema yet again….
The stop hunt rise that appeared last night was a classic inducing tactic by the market makers to lure in the retail traders.
Again my friends, approach with caution…
Mad Love
T
