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A Forex broker offers currency deals at reasonable Forex market rates Regardless, so we’re back where we came from We’re back from yesterday, let’s take a look at the data, quick positive, positive, okay, current home, Sals will come in about 4 minutes, we still have more news, we have more news, keep the dollar going Uptrend, okay, okay, yeah, let’s see, let’s see we’re going to stay close to this range for the next 50 minutes, which is why B is not activated anyway.
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But because we were pressing down no way were we going to close above yeah, King AB is trading oh man I’d been watching it for a long time before I started writing the article, shout out to you guys, you guys know him well you guys know him, you guys know him, you You guys know him, he was shouting to uh King Abe Okay, Okay before shooting, high we’ve been through the area Okay, so that was tentative and it was good at first, you saw the reaction of the lower time frame from it here follow through continue.
So there’s no entry pattern from there uh but now we have that range we’re back in that initial range we have more news coming forex trading is famous for its Friday reversals we’ve seen this before King A and it’s pretty cool yeah man I agree with that Okay, so yeah, daily, very high that’s taken out, and that’s one step to the buyer “We’re not done yet, we’re not done yet, we’re not done yet, we’re back in the open Suay again.”
It’s going to be crazy It could flip up and down in an instant And we’re still below that level, and we’re still getting completely rejected, yes, absolutely true that’s why Forex trading works now.
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So yeah we’ve been here before, so we’re kind of getting into this smaller range specifically, dollar yeah is still holding up, it’s weird to see how we’re uh, we’re going to move on from here because this doesn’t look good and no It looks good for the dollar, yeah, so this was the previous level that we talked about before that, and this was the PC that we talked about, and this is where we talked about yesterday uh we were initially pushed back for a long period.
Then we went down, we took advantage of it, we went down and that’s kind of the level that we’re sitting at right now and that’s kind of a rejection play so it’s there um yeah we need to see the price get there again now I don’t think we’re done yet So this is perfect in many ways right now if the market is trending right now.
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Entry patterns will become very clear post-news maybe not during news because of the momentum and volume but post-news, I think there’s a lot more room for confirmations either EM1 or EM4, so we’re not done yet, as you can see guys, we’re not done yet, here we go We’re not done yet, damn what’s going on, where’s Bitcoin Bitcoin too, we still have more news coming well here’s my money, there’s my money of course, nothing invested to worry about but yeah same for Bitcoin Bitcoin as it’s It goes back to the opening price.
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We need to let it play, we need to let the prize come out, we have more news in five minutes and six minutes, we need to let it do that, we need to get the prize to you know the cooling balance at a certain level and then give us the ent3 model 10 or 4, that’s it, yeah, the interesting part even though the following okay is the fact that if you look at the entire week, this was practically the entire week, that’s not irrelevant that’s still important.
So we fell to the low of Tuesday in the bank holiday range on Wednesday, and the continuation of the bounce on Thursday pushed back to the open price of the week, so the most important level by far is the opening price of the week that we’ve been holding around that level for a long time number one number two Number three number four flat reaction from opening correct price 2332.
So this is where after this news especially you’re going to see U if this or the idea is to lower the price further here to pull back within this range, if that’s the case it’s really bad but it will still pull back here which is crazy but it’s possible what is a stop The loss that depends on the wick that depends on the confirmation of the entry form, no, I don’t do that. I don’t see any buying yet of course it will just be random but as you know EM4 can also be a bearish continuation case, EM1 is a reversal play.
Summary
This is where you’ll find most of the sport certainly it’s going to be very difficult to break this, I’d be very surprised if it breaks and just keeps falling from there without any reaction of some sort yeah, you know the sellers are always bigger than the buyers as you can see this has been a massive move Up yesterday but what comes in strong comes down strong, it’s just that it can go down more than it goes up, so yeah it lost a new St, that’s a bigger move than the NFP think about that bigger move than the NFP and the Consumer Price Index (CPI) was four thousand yesterday in Forex market.