![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVxhsFNUi7d09RUnpwjYEWKS0RNmCVkjnBdbOiKNh7Z5CyI6PGfniWNInvVEiqv9M7K4rLlu0cArRsFQ1-KjmlQrT5vvy6CnJBRgYQp-IN5O3HPe2OilcXlJmlL92M5frlnWO3/s320/ES031810c.gif)
Note how we made a momentum low with heavy selling in the 10:45 AM bar (left arrow); we then made price lows over the next hour (middle arrows) on lower volume and volume at the market bid. With selling pressure drying up in the 12 N bar, we then saw buyers become bolder and lift offers, taking us back to VWAP. This transition pattern sets up across multiple time frames and makes for a nice trade when trapped traders need to exit their positions.
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