RETAIL IS PANIC-SELLING $VELVET INTO STRUCTURAL SUPPORT, AND HONESTLY THEY DESERVE TO LOSE EVERY SINGLE PENNY.
THE MASSIVE FLUSH FROM THE HIGHS DOWN TO THE 0.3920 FLOOR COMPLETELY CLEANSED THE SYSTEM OF IMPATIENT WEAK HANDS. AS WE HOVER AT 0.5733, THE TRADING VOLUME PROVES THAT SMART MONEY IS AGGRESSIVELY ABSORBING EVERY ORDER IN SIGHT. I AM GOING LONG RIGHT HERE BECAUSE THIS ACCUMULATION ZONE IS A TICKING TIME BOMB BEFORE A VIOLENT UPWARD SQUEEZE. MISSING THIS ENTRY RANGE IS A MISTAKE THAT WILL HAUNT YOU FOR THE REST OF THE LOCAL CYCLE.
• ENTRY RANGE: 0.5400 - 0.5800
• TAKE PROFIT: 0.7200 / 0.9500
• STOP LOSS: 0.3800
THE MASSIVE FLUSH FROM THE HIGHS DOWN TO THE 0.3920 FLOOR COMPLETELY CLEANSED THE SYSTEM OF IMPATIENT WEAK HANDS. AS WE HOVER AT 0.5733, THE TRADING VOLUME PROVES THAT SMART MONEY IS AGGRESSIVELY ABSORBING EVERY ORDER IN SIGHT. I AM GOING LONG RIGHT HERE BECAUSE THIS ACCUMULATION ZONE IS A TICKING TIME BOMB BEFORE A VIOLENT UPWARD SQUEEZE. MISSING THIS ENTRY RANGE IS A MISTAKE THAT WILL HAUNT YOU FOR THE REST OF THE LOCAL CYCLE.
• ENTRY RANGE: 0.5400 - 0.5800
• TAKE PROFIT: 0.7200 / 0.9500
• STOP LOSS: 0.3800