Is big money accumulating positions to run prices higher?

٢٨ يناير ٢٠٢٠

Short term long bias

Confluence: Area of support and resistance, big money dealing range, early stage of bulls in control.

Buy : 3.35 level

٢٨ يناير ٢٠٢٠

ملاحظة

Dec 30th, break and close above the 3.35 level. I view this as break in market structure.

١٥ فبراير ٢٠٢٠

ملاحظة

I suspect price will run lower into 3.35 area and/or lower to fill gap at 2.56 level run stops on weak longs and probable big money will reload position to run higher to run stops on sitting ducks ( shorts protective stops)." shorts trapped"