Uj had a first red week last week and had 3 levels of rise
H4 had already broken structure to the downside.
Currently, we are in a distribution phase and so the culmination move for this phase will be the pullback and resumption from the first red week -- the pullback followed by a continuation to the downside following through FRW.
Intra-day it is dumping price to pump up during US MRN.. only then to dump it as the real move. Maybe today or Fri.
I have a feeling it will hang around a little bit at end of day today before it melts.
H4 had already broken structure to the downside.
Currently, we are in a distribution phase and so the culmination move for this phase will be the pullback and resumption from the first red week -- the pullback followed by a continuation to the downside following through FRW.
Intra-day it is dumping price to pump up during US MRN.. only then to dump it as the real move. Maybe today or Fri.
I have a feeling it will hang around a little bit at end of day today before it melts.