Saturday, August 01, 2020 7:50:43 AM
After hours and wider view
Clearly the shorts within range should be a bit nervous...
It they are taken, the algo range moves up, exposing further shorts to attack...
if that happens, think we should expect a pull back...
why? you should know the reasons by now:
- There would be a big gap from 3218, so that pull back would create/entice shorts to refill the grid
- we have two reset lines well below prices (blue and yellow). Probably 3230 should be visited
We have already seen it all, lol. The cycle of creation/destruction of these ladders... opps, I forgot, there isn't any ladder only random moves of market trying to find the price... aughhhh
Edit: if we breach 3287 then it will target the red zone, say 3312
Clearly the shorts within range should be a bit nervous...
It they are taken, the algo range moves up, exposing further shorts to attack...
if that happens, think we should expect a pull back...
why? you should know the reasons by now:
- There would be a big gap from 3218, so that pull back would create/entice shorts to refill the grid
- we have two reset lines well below prices (blue and yellow). Probably 3230 should be visited
We have already seen it all, lol. The cycle of creation/destruction of these ladders... opps, I forgot, there isn't any ladder only random moves of market trying to find the price... aughhhh
Edit: if we breach 3287 then it will target the red zone, say 3312
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