I can clearly see how the masses or retail traders had accumulated some liquidity on the sell side around the price of 12911 that then got swept by the institutions, so I'm anticipating the mitigation of the open buy orders (or institutional candle) that are in drawdown around the price of 12909 before the imbalanced price action that broke the structure to confirm the distribution to short the NAS100 with a potential risk to reward of 1:4 if you're willing to risk 1% of your account if not a 1:8 if you want to risk 2%.
Hope this is helpful.
The scientist.
Hope this is helpful.
The scientist.