GU Analysis:
- Doji inside bar followed with break upwards to clear the stop orders from breakouts traders and stop losses.
- Higher Low piling Stop Orders below and the lowest low also Breakeven Area of Breakout Trader.
GJ Analysis:
- Although there is Fat Herd Mentality Target above, price never reverse after 2 Levels Stops instead create a lower low.
- Last Price from Herd Mentality Target was a few ticks above high then reverse hard indicate Stop Wash mentality text book
- GJ may go upward to pickup HMT above if price can stay at previous high.
- Breakeven Area of Breakout Trader anc Classic HMT target below
No comments:
Post a Comment