Short

Are Sellers In Control Now

Updated

For the majority of time, Buyers have been in control since May resulting in a "Higher High (HH), Lower Low (HL)" sequence. However, have the Sellers had enough and maybe looking to gain control? This can only be confirmed once the "Buyer 1 Zone" is breached. For now I'm looking for a short opportunity.

Happy Trading.
6.1.8. Family.

Note

The structure I was looking at has changed, so the sell trade will be valid after a break and a smaller correction to confirm the move down. I will update once the trade triggers.

Note

An early sell entry with the expectation that price violates the "Red Pattern Line":

6.1.8.Family

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