This details my newly coined setup The Counteryeet :D This morning my community and I were trading CME_MINI:ES1! futures on the 1 minute timeframe in line with the context of the broader higher timeframe price action. For context, right now on the Daily the stock market is in a bearish trend. Price pulled back to an Ichimoku Kijun Sen which represents the 50%...
good luck stay safe, manage risk
As you can see, the volume is going down but the price is going up. This is a bearish formation. I'm expecting 2930 top and then back down.
funding trying to fuck longs lets see technically primed for a fifth wave to fry shorts woop woop go longs
Trend line broken, looking for a 50 pip drop, with a SL above the trend resistance! Good luck to all and thank you for viewing my idea :)