The key psychological level of 135 provided immediate resistance for sellers but is now showing signs of being a sell trap.
Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum.
When the liquidity has been taken, I will be looking for shorts with the team.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬