dan411vm

dan411vm

Placing a buying order on this negative candle as I believe there are a few traders starting to few pain now, hoping to get out of their current position.

dan411vm

Hopefully a small retracement will allow to capture and release few trapped traders from the channel

dan411vm

Hopefully buyers will start to take control at this level. Retest at the level will provide a good entry level for buyers

dan411vm

Long trade on 4hr retesting the channel breakout on the 4hr chart. Just be aware as the breakout has low volume therefore be quick to move to breakeven is order gets triggered.

dan411vm

Selling short on the pullback. Downtrend with high volume on 4 hours chart as it is pulling back on low volume.

dan411vm

Short idea at this old resistance. I'm placing a sell order at this level and hopefully the big players will agree too.

dan411vm

Hopefully more seller will step in at that level to profit again.

dan411vm

I'm placing my order at this liquidity grab region where the buyers at some point stepped in but lost the fight. Up there could you could find trapped traders and more sellers interested to sell at that level again.

dan411vm

Good chance of a retest of the bull flag on the 4hr chart. Theory is, by now many traders have moved their stop losses to breakeven or trapped short traders looking for chance to get out unscathed therefore this create a huge chance for the institutions to drive the market just a little and sweep up them orders.

dan411vm

Maybe market will come back for the orders resting above on more time. Ps had the order on earlier but missed by a few ticks.

dan411vm

Short trade on the 4 hour chart. More downside to come before CPI tomorrow. Maybe the big guys already know something LOL

dan411vm

Long trade idea sweeping for more liquidity on the 4 hour chart. Liquidity grab to move up.

dan411vm Updated 

Sell short at the level 1:3 or trail profit. Level could have trapped trader or more greed institutions to sell short again at this level

dan411vm Updated 

Clusters of buyers and seller at these two levels. Institutions might come down or up to them in order to create liquidity to get into the positions. The principle is, both sides probably already have moved their stop losses to breakeven that makes it easy liquidity grab.

dan411vm

Possible retracement as price has reached a major resistance and RSI is showing a bearish divergence.

dan411vm

Hidden divergence and confluence of areas of value for buyers Fibonacci 61% + daily trend line + 200 EMA.