Price action has trapped both buyers and sellers in this range.
First, we have head and shoulders sellers being lured and stopped out and now we have smart money order block traders being taken out.
Since the market has taken both buyer and seller liquidity, institutions may have enough fuel for the next impulsive move.
My bias is bullish into the equal highs but no entries will be taken until we get our entry criteria.
First, we have head and shoulders sellers being lured and stopped out and now we have smart money order block traders being taken out.
Since the market has taken both buyer and seller liquidity, institutions may have enough fuel for the next impulsive move.
My bias is bullish into the equal highs but no entries will be taken until we get our entry criteria.
