Shorting at a very important resistance level, big amount of sell orders here.
Small risk, high profit.
SL : 139.963
Entry : 139.850
TP 1 : 139.553
TP 2 : 138.165
Small risk, high profit.
SL : 139.963
Entry : 139.850
TP 1 : 139.553
TP 2 : 138.165
Trade active:
Position entered
Comment:
Resistance has done extremely well, however, bulls have been damaging it a lot, it lost 40% of the orders in the last attack, bulls appear to have backup orders at 139.900 in case it goes wrong
There seems to be a very big hidden buyer which has been able to compete with a ton of retail sellers at 139.850...
There seems to be a very big hidden buyer which has been able to compete with a ton of retail sellers at 139.850...
Comment:
Correction : Bears appear to have backup orders at 139.900, however it may be a bear trap. We can't be sure until the price has been touched
Comment:
A huge hidden order is located @ 139.798, if we are able to go below this level price will most prob drop in free fall until first TP
Comment:
Comment:
Everyone is bullish EXCEPT US! Is that good?
Well checking the order book, around 4% of ll net positions are long here, which means, a bad move will activate all those stop losses and colapse the price... If so RIP bulls, this might just have become a bull trap...
Well checking the order book, around 4% of ll net positions are long here, which means, a bad move will activate all those stop losses and colapse the price... If so RIP bulls, this might just have become a bull trap...
Trade active:
As I said, bad move happened... RIP Bulls
Comment:
Comment:
Move stop loss @ 139.900, resistance is completely destroyed after that huge buy order, we still in the trade but must be safe!
Trade closed: target reached:
Clear bull trap! Money in the pocket.
70% Tp 1
30% Tp 2