After the false breakout trapped buyers, the true move was shown.
Price is treading to the downside creating liquidity whilst bears enter.
Now we have swept the low, we can expect some retracements to fill imbalances and liquidity points before shooting lower.
I have illustrated what I would like to see before I join the sellers down into the equal lows.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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Please like, subscribe, and share this idea with others! ⬇️
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Price is treading to the downside creating liquidity whilst bears enter.
Now we have swept the low, we can expect some retracements to fill imbalances and liquidity points before shooting lower.
I have illustrated what I would like to see before I join the sellers down into the equal lows.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others! ⬇️
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