Resistance has done extremely well, however, bulls have been damaging it a lot, it lost 40% of the orders in the last attack, bulls appear to have backup orders at 139.900 in case it goes wrong
There seems to be a very big hidden buyer which has been able to compete with a ton of retail sellers at 139.850...
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Correction : Bears appear to have backup orders at 139.900, however it may be a bear trap. We can't be sure until the price has been touched
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A huge hidden order is located @ 139.798, if we are able to go below this level price will most prob drop in free fall until first TP
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Everyone is bullish EXCEPT US! Is that good? Well checking the order book, around 4% of ll net positions are long here, which means, a bad move will activate all those stop losses and colapse the price... If so RIP bulls, this might just have become a bull trap...
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As I said, bad move happened... RIP Bulls
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Move stop loss @ 139.900, resistance is completely destroyed after that huge buy order, we still in the trade but must be safe!