Hello traders!
Here we can see retail traders are trapped above that swing high.
How do we know this? Simply see how quick price distributes after the buy stops are taken.
That move to the downside is attractive to any trader, however, this is how they entice retail traders to chase price and sell late!
By the time retail is all shorting the commercials are already going to pull price back up to the breaker to another short opportunity.
Here we can see retail traders are trapped above that swing high.
How do we know this? Simply see how quick price distributes after the buy stops are taken.
That move to the downside is attractive to any trader, however, this is how they entice retail traders to chase price and sell late!
By the time retail is all shorting the commercials are already going to pull price back up to the breaker to another short opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.