• Between 08:30 and 09:45, six consecutive 15-minute candles show long wicks and weak bodies. • Price repeatedly spiked upward (up to 1911) but failed to close near the highs even once. • This indicates liquidity grabs above resistance followed by distribution. • Volatility is high, but direction is absent — this is not a trend, it is stop-hunting and absorption. • Current price around 1728: • All intraday highs have been rejected. • Price is pushed up aggressively but sold down methodically — a seller-controlled structure.
Conclusion: This price action does not signal strength. It signals indecision engineered to exhaust impatient traders. At this stage, the market is not designed to move up — it is designed to wear participants down.
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$TTD
• Between 08:30 and 09:45, six consecutive 15-minute candles show long wicks and weak bodies.
• Price repeatedly spiked upward (up to 1911) but failed to close near the highs even once.
• This indicates liquidity grabs above resistance followed by distribution.
• Volatility is high, but direction is absent — this is not a trend, it is stop-hunting and absorption.
• Current price around 1728:
• All intraday highs have been rejected.
• Price is pushed up aggressively but sold down methodically — a seller-controlled structure.
Conclusion:
This price action does not signal strength. It signals indecision engineered to exhaust impatient traders.
At this stage, the market is not designed to move up — it is designed to wear participants down.
This is not investment advice!
😉