Disliked{quote} You simply mean that during the breakout lot of guys went long and now the big guys are pushing the price down, thus taking out the SLs of the Breakout-Traders? And when its done then they will simply push the start button, and price will go up like a rocket? In your former post "Just to hit peoples' SL just inside the pendant and thus reversing their positions for a push up to the where they really want to sell it." Or am I missing / misunderstanding something? Cause as I understand your above quoted sentence the big guys push down...Ignored
We are talking about the channel on the Daily TF.
Just watch that chart and see what happens.
Then, tell us what you see happening.