- H4 you can see the head & shoulder is formed. This is reject the support 1s level - The volume is increase when the price is strong go down. the shark is kill retailer investor by hunt stop loss around support 1s - the question is why the price does not go down to test support 2nd, and why the friday is go strong up. because the shark will trap the retailer is trying short sell and the next monday, we see the strong up, the retail is trapped again because the price will go down to kill both short and long. the shark is market maker. - we will wait the price to test and if the price action is formed, we will place order - if you move in the daily chart, you will see the big bull bar close a little above the support 1 st level. this is nice set-up to trade, and this nice set-up to kill retailer investor
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