DARK VS RETAILERS
let us start from MSL at 1.5596 and breaks it down
the first dark move was initiated to induce sellers to jump on the market. what dark did is sell the market first then bought it back as shown on the chart.
after 11/4 top and breaks below S IN line, they do induce more sellers to jump at the lows.
so, what they did is make double sell-side liquidity in order to squeeze them out, where is the best point to clear their stops.
yes, you are right !! the most sell stops are located above MSH line at 1.6333 ( looks like evil number ).
you are talking to much what is next ???
ok, I will tell you. the best level for dark to liquidate long positions is at these levels. this bearish scenario will not be vailed if we breached the latest high the market puts today ...
let us start from MSL at 1.5596 and breaks it down
the first dark move was initiated to induce sellers to jump on the market. what dark did is sell the market first then bought it back as shown on the chart.
after 11/4 top and breaks below S IN line, they do induce more sellers to jump at the lows.
so, what they did is make double sell-side liquidity in order to squeeze them out, where is the best point to clear their stops.
yes, you are right !! the most sell stops are located above MSH line at 1.6333 ( looks like evil number ).
you are talking to much what is next ???
ok, I will tell you. the best level for dark to liquidate long positions is at these levels. this bearish scenario will not be vailed if we breached the latest high the market puts today ...