On the monthly timeframe price has accumulated on a demand area,the market has moved into a higher timeframe oderblock(which is a strong demand zone)
Prior to that price has shown a significant shift in market on lower time frames meaning the market will seek to take out liquidity to the upside
Redistribution spotted on 15minutes timeframe preliminary support,selling climax,automatic rally,sign of weakness utad and test signifying a completion of the schematic next I'll wait for the last point of support and anticipate lower pricing
Price is currently in ranging session on xauusd am expecting a run up to the first poi(block breaker) than a reversal thereafter if price runs through block am expecting a reversal upon price reaching the open or half of the rejection block
The reason for my short analysis on xauusd,price had a strong run grabbing liquidity off the weekly low.this price move...
