The 15 minute chart shows several attempts by bulls to push the price up with several large volume spikes.
All of these have been absorbed by the bears and it's looking like the last stand will be the 3500 region.
There is obviously a large buyer wall that you can see on all the level 2 depth charts at 3500, if that goes I'm out of the trade because my stop is 3428.
All of these have been absorbed by the bears and it's looking like the last stand will be the 3500 region.
There is obviously a large buyer wall that you can see on all the level 2 depth charts at 3500, if that goes I'm out of the trade because my stop is 3428.
Trade closed: stop reached:
Stop hit