We may have missed the ideal entry point on this one so we shouldn't really go around chasing tails. If the price comes up slightly I will consider placing a sell limit in attempts of getting a wick entry from the lower time frame order block. We will have to see how the price develops on Monday, wishing you all a great trading week!
COT Data - 70% Long
We may be a little late to the party on this one but I may consider placing a sell limit from the lower time frame order block I have found. What you witnessed was clear manipulation, firstly we saw price drive to the upside gathering liquidity from the resistance sellers, only to convince retail that price was proceeding to the upside, a strong manipulation wick...
I and the team have got involved in a buy from this significant order region marked, we are already seeing wick rejections and I expect continued upside if we manage to clear the box. We just need to sit tight now and wait for the market to do its thing.
COT Data - 62% Short