This is an end of the year/ 1st quarter analysis
price is making lower lows on a weekly timeframe
I call my LH's HL's lol ... think about it... it's a higher.. LOW
anyways I'm looking for a break and retest of this zone
expect a fake out
banks rarely let nice moves go without manipulation ;)
Price could just go up from this zone of course
but I am personally sticking with a bearish bias at the moment
price is making lower lows on a weekly timeframe
I call my LH's HL's lol ... think about it... it's a higher.. LOW
anyways I'm looking for a break and retest of this zone
expect a fake out
banks rarely let nice moves go without manipulation ;)
Price could just go up from this zone of course
but I am personally sticking with a bearish bias at the moment