AI tell me : You are shorting US100 / Nasdaq right at a fresh All Time High around 31088-31089. On your M15 you can see it, but on H4 / W1 / MN1 it's even clearer - price is in price discovery. There is no resistance above.
What I see on your screenshot:
1. Trend is still strongly up
From Oct 1st bottom to Oct 6th, it's almost a straight impulse. You have Higher Highs, Higher Lows on M15, M5 LB TARGET broken, and your TDI at the bottom says "Weak Up Trend / Weak Long" - that's still a long bias, not a reversal signal. The yellow boxes you marked are expansion/breakout candles, not exhaustion yet.
2. Selling ATH has no edge by itself
An ATH by itself is not a sell signal. In strong trends, ATH breaks often lead to more ATH breaks because:
No bag-holders above to sell
Shorts are forced to cover
FOMO longs pile in
Your label "Pump Dump High" at the top is telling - market can stay in that pump phase longer than a counter-trend account can survive.
What I see on your screenshot:
1. Trend is still strongly up
From Oct 1st bottom to Oct 6th, it's almost a straight impulse. You have Higher Highs, Higher Lows on M15, M5 LB TARGET broken, and your TDI at the bottom says "Weak Up Trend / Weak Long" - that's still a long bias, not a reversal signal. The yellow boxes you marked are expansion/breakout candles, not exhaustion yet.
2. Selling ATH has no edge by itself
An ATH by itself is not a sell signal. In strong trends, ATH breaks often lead to more ATH breaks because:
No bag-holders above to sell
Shorts are forced to cover
FOMO longs pile in
Your label "Pump Dump High" at the top is telling - market can stay in that pump phase longer than a counter-trend account can survive.
Trade geschlossen: Stop wurde erreicht
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.