PRM moved fast this afternoon and I daresay there's quite a few newer traders who got caught at the top.
However, there are clear warning signs on the 5 min intraday. Those two upthrust candles shows the struggle above 1.2c with supply overwhelming demand. A couple of bars later it breaks down below on decent volume. All over red rover.
Day Trader’s Aftermarket Lounge 21 Sep 2020, page-44
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