Sugar futures reacted off to a bullish rejection block on Weekly, creating a breaker+ on Daily. It'll be interesting to see how this plays out in next few weeks. Target is the liquidity up top of the range.
ES1! / Emini / SPY500 is approaching liquidity reference points - and there's an unmitigated OB+ sitting right below it.
This "could" be where ES1! finds support for the next swing up.
Play this on a lower time frame like 4H/etc.
On 1H, price broke structure after sweeping buy side liquidity, trapping all longs.
We trade short when the trapped longs exit.
Expecting entry before the price takes out equal lows at the bottom - else the trade is invalid.