reasons to Sell:
After a range bound market price stop raided the equal highs made, and went short, it then made a market structure break on the daily, i expect a return to origin before price shorts. So Yes theres a long opportunity but i would rather wait for the sweet short coming up after. Shaded boxs are a breaker and an order block. THATS PLAN A. PLAN B would be to short it from there if price breaks the low.
After a range bound market price stop raided the equal highs made, and went short, it then made a market structure break on the daily, i expect a return to origin before price shorts. So Yes theres a long opportunity but i would rather wait for the sweet short coming up after. Shaded boxs are a breaker and an order block. THATS PLAN A. PLAN B would be to short it from there if price breaks the low.
Trade active:
The daily closed above the stop raid level signalling longs