(14/14)
The main reasons why the price fails to mitigate the previous high or low before making a move are:
· Divergence with a correlated or inversely correlated pair
· The last candle of the hour completes the LTF raid
· The first 15 minutes of the new candle attempts to attack the previous candle but fails.
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@XYJtrades@theMMXMtrader How about the thesis of NQ for today? According to the Daily chart price can reach for buyside of yesterday and maybe also Monday. That is a continuation. How can the model be applicable in such a situation? Thanks for advice.
@cooptradez @theMMXMtrader How about the thesis of NQ for today? According to the Daily chart price can reach for buyside of yesterday and maybe also Monday. That is a continuation. How can the model be applicable in such a situation? Thanks for advice.
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