After trapping sellers down low in Looking for retest at 13800 level before sell to 10k area
It might not setup exactly how I’ve drawn it but I’m looking for something to be in place up high but in the meantime Im expecting a sell to from the retest area at 18500 towards 12500 Level from previous pocket of stop loss orders
My personal thoughts and process strictly reading price action I believe they have brought everyone up high to get them to buy high to trap them and reverse to run the lows for a huge short opportunity.they have put in a peak high and has been pulling back into it locking it in.idk for sure if that’s the actual high but they’re protecting it and breaking down but...
I’m just trying to keep it simple as I possibly can are you buying low? Or Selling High? I want to be getting in at the extremes to keep a tight risk management with maximum profit gain at the highs and lows Anything on the inside they’re getting yu to chase and I DONT do 50/50 rather have the odds stacked in my favor as much as possible 80/20 90/10 if I’m wrong...
Lookin for buys at the low of the day thru the highs @ 40k