Market Analysis and Trading Strategies

So this is what it looked like at the time, right?

Do you see how aggressively we closed below this low?

Do you really think the most probable thing for price to do at this point once

this

candle closes is to retrace all the way up after being so close to the

drawn liquidity here, after being so close to our target,

going all the way up here

to then go down? No, that's just not likely, and

that would actually be quite

unhealthy 'cause we are so close right here.

We have so much energy towards here.

That's just not likely. Now, the trick here is this close below told

you

everything. That close made this a breakaway gap

because if this candle

failed to close below it, I wouldn't consider this a breakaway gap.

Then I could see the possibility of going up here to go down.

But it's the fact that we closed so aggressively below it

that gave me the

indication that price does not want to come up here. It does not need to do that.