Market Profile 17/08/2021

Bullish structure saved in a pretty dramatic fashion which from profile perspective was too agressive and might lead to a bull trap. There are two potential short zones, one of which is already in action. I will aproach it with caution – lower size.

Strategy Status:
Trend following: long 4420/4413 (Aug 05)
Pattern: low probability short in bull-trap.

Other Markets (updated around 18-19 NY time)

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