present both : Liquidity providers( big boys) and Liquidity consumers (retail)
So basically, you know when to go long when the a) Big boys are going long, and b) Retail is going short.
The reverse retail indicator never lies
Attachment
point 1- first there is a cluster then prices fell hard out of there, this implies more sellers than buyers ........ therefore its termed as a supply zone, a zone where already its been established there are more sellers than buyers
prices revisit this zone - are there any sellers remaining there?
point 2 - entry based on bearish enguilfing, enguilfing to a certain degree confirms there are still more willing sellers than buyers, also, the rejection spikes - large upper wicks are a good indication sellers are present...
Funny to see no one (including big boys) knows which direction to go. It's been 45 minutes, but still swinging up and down. I certainly didn't expect this PA.
So, my question is, do you guys think it decides the direction eventually? If so, when? today at soonest??
