how i see it, monday big white hope - tuesday/wednesday refresh of lows and correctional movement to take stops.
1. trapped those who trade breakouts 2. trapped those who trade retest 3. minimum once or could be even twice - more better. Unticipate one of directions, looking for good RR. If RR small - simply don't trade. Trade - when you expect, that 90% new traders feel uncomfortable.
i was always wondering if exist correlation between forex market and VIX. Predicting top and bottoms, seems that we still have potential to go higher based on VIX. Just after VIX will drop below 432 ema, we can start to look for possible shorts. feel free to comment...
seems that game over for those who traded pinbar.