Potential SELL(loading) Looking forward to see mini buyers reattempt from the current SNR failure to continue long creates a LOWER HIGH that will breakout short the SNR and make brand new lower lows.
Will see how the market unfolds!
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[First Attempt SHORT]
Price managed to reach the anticipate SNR price level. The Potential Sell is still promising, I just went short small size- looking forward to scale in once I get a more clear view on the potential sell.
Continuing to monitor!
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I guess I was sell bias, there's reason why I got in small size in attempt to sell. I failed to recognise that the buyers might actually takeover as sellers did react from the SNR but failed to maintain ground and drop.
The entire idea I was neutral in anticipating a potential sell, however I did not gauge the buyers quite well.
Post Analysis:
*This trade idea was based on buyers taking long and seller continuing short. I could've bought & sold later but I sold only and lost on a small size.
*The buy was a successful prediction but the sell prediction failed.