Potential order block/ institutional candle where institutions have trapped sellers in the market before pushing the market higher. The institutions now need to mitigate their sell orders at break even before continuing the market higher. Stop loss below the wick of the institutional candle
Please like and comment with your ideas!
Good luck!
Please like and comment with your ideas!
Good luck!
Comment:
Be wary it is bank holiday in the US today so could be quiet, one to watch going into the week