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US100 1H

Oleh JayForexAcademy
Nasdaq has began a consolidation after rallying yesterday and is teasing retail sellers. I think that it might sell above the highs at 12115.6 because that way the large institutions will take out stop losses belonging to retail sellers and thus acquire enough liquidity to open their large positions especially with NFP coming up. NOTE: THIS EXPLANATION DOESN'T GUARANTEE PRICE MOVEMENT
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JayForexAcademy

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