Good morning ladies & gents,
On the D1, H4, H1, M15 chart, the orderflow is bearish. Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place.
When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area.
Should price trade through this,...
Price pulled back to the Weekly Bearish Orderblock. Price gave signature reversal trapping pattern on M15 trapping most retail traders long.
TP targets are where the lowest levels of retail stop losses will be located which is where the Smart Money will bank their profits.