A high trading volumes of sellers needs to be stopped out
Analysing Forex from The Market side & perspective.
The Market is still below The Sellers accumulated positions at 107.89 ranging at the same price levels for about two weeks. The sellers is the only traders in the market with high trading volumes. No buyer positions at the moment after they are stopped out last week. As prediction, The Market has no choice but to go up to The Sellers and prepare a price level for new buyers to open positions.
The Market is still below The Sellers accumulated positions at 107.89 ranging at the same price levels for about two weeks. The sellers is the only traders in the market with high trading volumes. No buyer positions at the moment after they are stopped out last week. As prediction, The Market has no choice but to go up to The Sellers and prepare a price level for new buyers to open positions.
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