Yo guys, Below is the image attached to help you understand the way a retrace continuation can work…
Focus on the areas that the market makers are holding price from.
If you have exo charts, i have attached below the image that will show you the holds by the market maker, “Holding the range by stepping in to keep price contained as it was hitting the liquidation points from the previous longs built from last nights move.
The book map is showing orders coming in live to fill the 60k zone and the 59…
You know what we are waiting for in this instance…? We are waiting to test the intention in this range, it may pull back to test the trader’s intention.
Remember last night when we were talking about the 57k zone?
Will catch up with you shortly guys.