NZDUSD SHORT
EURUSD SHOULD ALSO CREATE THIS PATTERN. THE BIG BOYS ARE TAKING SOME MONEY FROM THEIR LONG POSITIONS.
I'll EXPECT THEM TO USE THEIR PROFITS TO RE-ENTER LONG POSITIONS AT OR NEAR THE PLACES THEY PREVIOUSLY BOUGHT(DEMAND ZONES) FOR ANOTHER BULL RUN LATER. SO MARK YOUR DEMAND AREAS AND WAIT FOR PRICE ACTION REACTION.
I ALSO USE WAVE ANALYSIS TO MARK RELIABLE ZONES OF ENTRY. THIS LIMITS MY DISCRETION IN ESTABLISHING KEY LEVELS OF ENTRY
I'll EXPECT THEM TO USE THEIR PROFITS TO RE-ENTER LONG POSITIONS AT OR NEAR THE PLACES THEY PREVIOUSLY BOUGHT(DEMAND ZONES) FOR ANOTHER BULL RUN LATER. SO MARK YOUR DEMAND AREAS AND WAIT FOR PRICE ACTION REACTION.
I ALSO USE WAVE ANALYSIS TO MARK RELIABLE ZONES OF ENTRY. THIS LIMITS MY DISCRETION IN ESTABLISHING KEY LEVELS OF ENTRY
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