Using a liquidation map indicator along with open interest, I explore the number of liquidations and give my bias as to what I think happens next.
Note
After a bit more pain, it seems now that the closest orders with most liquidity to liquidate are late shorts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.