SOYUSD 1H: Ascending Trendline Breakdown & Buyer TrapSoybean Oil CFDFOREXCOM:SOYUSDgongroupvn 1. Market Context On the 1H chart, Soybean Oil (SOYUSD) is compressing inside an ascending channel structure. Price was capped at 6,920.0 ("No Seller") without reaching the main overhead ceiling ("Seller Wait Here"), and is now pressing directly against the lower ascending trendline support around 6,820.0. 2. Trader Behavior & House Trap Analysis Where Traders Place Orders: Seeing the blue ascending trendline hold multiple times, retail traders are opening BUY orders around 6,820.0 – 6,850.0 (marked "Buyer"), expecting another bounce up toward 7,000.0. Trader Stop-Loss & Target: These buyers have stacked their Stop-Loss orders immediately below the trendline support, targeting profit at 7,000.0+. How the House Plays It: The House capped the price early at 6,920.0 ("No Seller"), leaving retail buyers stranded without upward momentum. As retail crowds into buy orders on the trendline, the House will push price down to slice right through 6,820.0 ("Break Signal"). This triggers a cascade of buyer stop-losses (forced sell-stop market orders), driving price down rapidly toward 6,720.0 (TP1) and 6,590.3 (TP2). 3. Trade Setup Entry: 6,820.0 (Confirmed 1H close breaking below blue trendline support / Break Signal) Stop Loss (SL): 6,920.0 (Placed safely above the "No Seller" rejection high) Take Profit 1 (TP1): 6,720.0 Take Profit 2 (TP2): 6,590.3 Risk-to-Reward Ratio (R:R): Approx 2:1 (Calculated toward TP2)