Break of the trendline, but I took my sells profit earlier on this one because they may kick out early buyers from London open and go back up. There are too much upper wicks on M5 candles, it doesn't look like yesterday.

Yes, they did it again, they don't care 😄

Note the difference between yesterday's down move and today's down move. Today's move gives much more time to sellers...
Also remember the sexy up trend line from Daily I talked about yesterday, we are approching it.

DAX Midday-Trend Algo: August 2021 results -109 points – Trading revealed
http://www.trading-revealed.com/non-classe/dax-midday-trend-algo-august-2021-results-109-points/

Looks like the daily trend line is ready to be broken, these higher low wicks are not random

A quick Dax intraday analysis

Hi all,
Both liquidity zone from my yesterday's analysis have been hit.
Now I hope you are not surprised by this violent down move on the Dax. I told you the daily trendline was ready to be broken and why.

How to scalp a risky buy retracement in this down move ? The M5+ charts didn't give us any clues, all was red.
But look at this 100 ticks chart and see the usual magic.

Hi all, I was off trading this week and will be off next week too.
I may start recording educational videos when I'll be back, stay tuned you will love what's coming next 🙂

Morning all,
Be aware that the usual trap pattern I use on the Dax can work in every time.
Here we can expect a major sellers trap from the Daily looking at the confuences.

Dow jones : same analysis but the Dow is at the confluence zone already.
It may be the reason why we saw a big volume upper wick on the M5 on a lot of indices: massive sellers induction

If you want to better understand what could happen, we had a similar on Nov the 4th 2020...

Good morning!
Is today's drop a surprise for us? No.
I circled the "confluence point" yesterday (that was hit perfectly before the drop) and told you that we would get a final sellers induction by showing you what happened on Nov the 4th 2020.

Dow Jones is trapping sellers obviously, NY open could give final induction move

Not even a final selling induction move... the real market analysis from the past 10 minutes is institutions saying: "goodbye sellers, we need your money to have a nice weekend"

Beautiful sellers trap over on the Dow, all the liquidity along the trendline has been hit.

Did you try to reproduce the friday's dow buy trade?
Because it just happened again, the exact same stuff...

Dow : I sold the trendline break, same setup as usual