$LA ran 39% from 0.0534 to 0.0743 and gave most of it back in one candle. That candle is the real signal.
Price is 0.0632, sitting near the 50% retrace of the whole move. Sentiment says 65% bullish, but sentiment didn't have to eat that red candle.
Direction: Bearish
Entry: 0.0665-0.0685
SL: 0.0715
TP1: 0.0573
When the crowd is bullish and the wick is long, trust the wick.
Price is 0.0632, sitting near the 50% retrace of the whole move. Sentiment says 65% bullish, but sentiment didn't have to eat that red candle.
Direction: Bearish
Entry: 0.0665-0.0685
SL: 0.0715
TP1: 0.0573
When the crowd is bullish and the wick is long, trust the wick.