Hi guys. Here We Are (imho). Not strong. Not weak. Not bullish. Not bearish. I'll keep the big picture in mind and watch closely for which side starts gaining strength. Happy Saturday.
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but in the real world we're supposed to know what is real and what is not
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"Test" is by far the main tool of the market makers. Where it takes place and how and what is the impact? Everything else I write will be for fun and joking.
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We talk about levels and pivots but the "tests" are more of the driving force - the results of the tests of course not the test action itself.
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The market makers are re-assessing the situation and will conduct a reconnaissance raid to see which direction gets more support from the market (this is judged by the volume); at this time I don't think they know or anybody knows; the "tests" are everywhere and at all timeframes; imo.
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where will we look for phase boundaries? which time frames and at what levels? do boundaries even exist or it's an illusion?
