New month = more opportunities and with January closing just before a weekend, it gives me the added advantage of sitting down with price action whilst the market is not moving and gauging the next draw on liquidity on a macro scale.
This analysis goes over what to expect on a long term time frame; 6-months & 3-months retrospectively and also covers what I expect to take place in the next following weeks.
The monthly highs is 115.01 The monthly lows is 110.19
Note
*MONTHLY NOT WEEKLY*
Note
Sharp rejection at the 115 level.
Relative equal lows @ 113.20 are in danger this week
Note
Relative equal lows at 113.20 was attacked today but a recovery ensued after, closing Tuesdays daily candle higher thank the previous day.
Looking for 115.15 - 115.18 bullish draw on liquidity this week
Trade closed: target reached
Strength to the upside with high possibility of 115.18 draw.
Low-end of 115.15 has already been met but i am interested to see how far bonds is willing too rally in a newfound premium range.
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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.