heres the idea .. we have been seeing moves lately that appear to be stop loss hunting, so
we have just dropped to the recent low (to stop out longs ) and then we moved up almost to the previous high (to almost stop out all the shorts) Sentiment has shifted bearish , so are we to beleive they are going to go back up there to stop out all of the shorts placed today ?
I'm willing to take a 50/50 r/r on this one .
we have just dropped to the recent low (to stop out longs ) and then we moved up almost to the previous high (to almost stop out all the shorts) Sentiment has shifted bearish , so are we to beleive they are going to go back up there to stop out all of the shorts placed today ?
I'm willing to take a 50/50 r/r on this one .