I left the Ticker in. **Disclosure I am not a buyer here just saw some interesting bars that I thought could be a relevant market structure learning tool for me and anyone else interested. To take any of my notes written from this chart and use it as an investment decision would be a very poor investment decision and is not a sustainable Plan for trading.
OK - I have tried to look for important supply levels where buyers may have been trapped. there may be some people from 40 but they would be stubborn.
The rising star in the downtrend looks like people fishing for a pullback and I would expect they were then chased out in the subsequent bar(s).
We have seen supply come in today and 2 days ago.
2 days ago it closed on highs which was also the open so there is still support for price at this level but also still some supply to be found.
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