Sydney Session - How the bois holding up down under?

Feb 3

Sydney session saw a heavy dump. Lack of volume during the session resulting in a major volatility. Will we see a repeat?

Feb 3

Note

Scoping a potential short. Got a decent bit of confirmation so far:
- Volume not supporting price increase
- Sames as the MACD, not supporting the increase in price
- 12MA gunning for the 26MA
- Respecting previous moves 50 Fib
- inefficiency gap that can provide a little boot if reached
- Most likely hunting the build-up of liquidity around the major liquidation wick just (Around 3:00)

Feb 3

Note

Wait to see a lower high on the 15m. If we see a further break of structure on the downside, I reckon we on the money.