price engulfed previous swing low, creating a seller trap. looking for a strong retracement before continuing down
3 levels of rise, m formation with second leg sfp. we go short against buyers
3 levels of drop, w formation, swing failure pattern second leg of w . looking for 50 pips
price is obviously trapping sellers under a zone, large 4h candle wiks showing exhaustion . we are going to go long with a fat lot on this with a 10 pip stop. easy
3 levels of drop after reset, w formation with sfp second leg (after break and retest of zone to induce sellers) we go long
tap tap tap tap to trend line, everyone buying, we look for break of trend line which will kill buyers and induce sellers, we then look for reversal signs most likely around an order block to take price up against sellers. fuck ya