So the Bears successfully locked in a close below the Local VAH, which means their next target is the Local POC.
But the Bulls may have found themselves a little bounce after sweeping through the 1D Order Block and catching a swing fail at the Naked Point of Control.
That was actually one of the key points of interest we were looking to long yesterday.
Now, was the sweep expected?
Not exactly.
The confirmations to take the long didn’t show up until after the sweep.
And that right there is a lesson the Jungle teaches over and over again.
Just because a point of interest gets smacked does not always mean the idea is dead.
Sometimes price wants to sweep a little extra liquidity before making its real move.
The market loves shaking out impatient traders.
It loves making people think the setup is cooked, right before the confirmations finally show up.
That is why patience matters.
Do not quit on the idea too early.
Because a lot of times, the moment you throw in the towel is the exact moment the setup finally shows its hand.
The Jungle rewards patience, discipline, and traders who wait for confirmation instead of reacting to every little fake out.
Stay sharp, trust the process, and let the market reveal its next move.
But the Bulls may have found themselves a little bounce after sweeping through the 1D Order Block and catching a swing fail at the Naked Point of Control.
That was actually one of the key points of interest we were looking to long yesterday.
Now, was the sweep expected?
Not exactly.
The confirmations to take the long didn’t show up until after the sweep.
And that right there is a lesson the Jungle teaches over and over again.
Just because a point of interest gets smacked does not always mean the idea is dead.
Sometimes price wants to sweep a little extra liquidity before making its real move.
The market loves shaking out impatient traders.
It loves making people think the setup is cooked, right before the confirmations finally show up.
That is why patience matters.
Do not quit on the idea too early.
Because a lot of times, the moment you throw in the towel is the exact moment the setup finally shows its hand.
The Jungle rewards patience, discipline, and traders who wait for confirmation instead of reacting to every little fake out.
Stay sharp, trust the process, and let the market reveal its next move.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.