I think we must see one more push long before the short sellers take over. I'm looking for an initial drop in the London session, followed by a bull rush. I'll avoid trades unless i see a 30 pip fake drop by 8 am gmt. If the market drops passed 30 pips, or rises from the get go, ill avoid trading till I see an obvious high of the day.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.