SOYUSD 4H: Lower-High Rejection & Trendline Breakdown (Short Set

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SOYUSD 4H: Lower-High Rejection & Trendline Breakdown (Short SetSoybean Oil CFDFOREXCOM:SOYUSDgongroupvn1. Market Context On the 4H chart, Soybean Oil (SOYUSD) is forming a clear series of lower highs marked by "No Seller" along the major red descending trendline. Price rejected the latest lower-high peak near 7,180.0 and has broken below local 1H trendline support ("A Few Seller 1h") around 6,950.0. 2. Sentiment & House Trap Analysis • Where Traders Place Orders: Seeing the bounce off the lower blue trendline, retail traders opened BUY orders around 6,950.0, expecting a breakout above the red trendline toward 7,400.0+. • Trader Stop-Loss & Target: These buyers placed their Stop Loss orders immediately below 6,900.0, while short-sellers placed SLs above the 7,180.0 peak. • How the House Plays It: The House capped price at 7,180.0 ("No Seller") to establish another lower high. As retail crowds into buy orders at support, the House pushes price down to slice through 6,950.0. Trapped buyers cutting losses trigger forced sell-stop orders, fueling a drop toward 6,750.0 (TP1 - retesting the major blue trendline), 6,520.0 (TP2), and 6,350.0 (TP3). 3. Trade Setup • Entry: 6,950.0 (Confirmed close breaking below 1H dotted trendline / local support) • Stop Loss (SL): 7,180.0 (Placed safely above the "No Seller" rejection peak) • Take Profit 1 (TP1): 6,750.0 (Retesting major blue ascending trendline) • Take Profit 2 (TP2): 6,520.0 • Take Profit 3 (TP3): 6,350.0 • Risk-to-Reward Ratio (R:R): Approx 2.6:1 (Calculated toward TP3)