Price has shown significant rejection of the daily level and printed a nice context bar (Shooting star)
We can see buyers being trapped on the breakout of the resistance to then be immediately reversed.
This is a clear liquidity grab, and is looking likely we can see downside potential.
I would like to wait and get short on the retest of the SS head.
We can see buyers being trapped on the breakout of the resistance to then be immediately reversed.
This is a clear liquidity grab, and is looking likely we can see downside potential.
I would like to wait and get short on the retest of the SS head.
Order cancelled
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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.