weekly charts shows that price is showing selling pressure with a combination of bearish engulfing weeks and a shooting star.
This happened at a 3 months flat high which happened to be close to high of 2013 as well.
These are the conditions which presents an easy setup for a bull trap to happen.
On thursday a very bearish d1 candlestick engulfed 3 days of high and low.
This candlestick also wash n rinsed 2 months high + 2013 high.
Price has now failed, in style, to stay above the 52 weeks high of 2013, suggesting the selling pressure seen in w1 chart may continue soon.
+ 21 for 2 positions. Had to manual TP as traded on CMC new platform. Seems likely to be market maker. PLaced TP level at 1811 but lowest price went was 1813 when Axi registered 1808. Had to manually exit trades.
Indices still down, looking for re-entry via DAX or DOW.