The plot is very deceiving from the start of the week but not really because I wrote the scripts to this one:)
Knowing the real bias is DOWN today we began this trading week going in the right direction. But to give the traders a little plot twist all of a sudden we go LONG at the bottom of our MZ.
Suddenly all of the Short retail traders began to watch their house money dissipate until it was no more. This was just to trick them out of their fortune.
The Long retail traders were in a state of joy because they started picking out Lambos and mansions as they saw their accounts go UP!. This was just the fake out. What they didn't know price was simply hunting the shorts Stop Losses above the MZ. After the Shorts were completely Liquidated the plot thickens: Now all of the Long Retail traders that did not pull their profits will soon begin to watch their lambos and Mansions disappear because price is now liquidating the longs and headed directly for their Stop Losses below MZ Structure and putting the Original Long play back in effect and the Shorts will Win the Day and eventuually long term the week.
How's that for a Monday Narrative?:)
As always never over leverage. This will keep you in the narrative until its completed the scene. Even if you have to adjsut the script a little to fit the narrative.
Trust the set up. Because every set up needs time to manifest.
Have Fun watching your accounts compound like a a OAK TREE.
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