This is the max squeeze scenario. This would own a lot of people. Above the dashed red lines is where you find liquidity. The green buy box is where you will get the best risk/reward on a squeeze. I have wave 5 failing contributing to a quick drop.
*We could drop one more level before something like this plays itself out. However, being that it's Friday and we are already close to bear liquidity..I think there is a better chance of seeing this now than after we drop one more level.
*We could drop one more level before something like this plays itself out. However, being that it's Friday and we are already close to bear liquidity..I think there is a better chance of seeing this now than after we drop one more level.