perfect stop run scenario for a bear market in September?
Everyone who is currently short has their stops above the wing high.
Supply zone is not fresh anymore. Therefore I believe they could push the price to new all time highs to seek liquidity for their shorts (everyne who is short now need to buy back - close their position) in case a pop above 2141.
Supply zone is not fresh anymore. Therefore I believe they could push the price to new all time highs to seek liquidity for their shorts (everyne who is short now need to buy back - close their position) in case a pop above 2141.
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.