NQ : Trapped buyers and sellers on 30m chartThese are two important zones to watch for reversals from.
Trapped-traders
USDJPY Snipe zones : trapped sellers below July 2020 lowA large volume of sellers are trapped at July 2020 lows - who will have a strong desire to exit when price comes back to them - giving us a long entry.
USDOLLAR / DXY : Operating monthly rangeDXY has trapped buyers and sellers on bottom and top of the monthly chart. This might become an operating range for next few months!
EURJPY Snipe zone : trapped sellers in an uptrendTrapped sellers (from 30m) inside a larger 4h zone - will have an urge to exit when price comes back to them - resulting in a long entry!
NQ : When Nasdaq falls, where is the monthly support?The zone at 8943 has a bunch of sellers trapped from the Covid-19 selloff. They would want an exit. That'll be the support.
SPY500 : Another breakout to the top to trap more buyers?The volume of trapped buyers above Jan 2020 time high is very low (both on weekly and daily charts). I suspect that we'll see more topside so that market traps more buyers above all time highs before it reverses down violently!
USDOLLAR / DXY : Trapped sellersShorts are trapped in a uptrend in USDOLLAR/DXY. They would have a desire to exit when price comes back to them
GBPJPY : Trapped buyersTrapped buyers in a downtrend will have a desire to exit when price comes back to them
Trapped sellers below monthly low!The sellers tried to sell below the monthly low and failed. Look for them to exit when price comes back to that zone : giving us a beautiful LONG trade.
Go for 2x risk.
