First, let’s gather some thoughts around this squaring:

The first question about this Aggressor that got squared (the two upper wicks coming back beyond A), who is he to have enough market moving power to push price back up to be able to get out of the market better than flat?

Squaring is a market maker tool, this is how commercial hedgers get back their money after being in draw down (sometimes for a year).

Of course, if you are not market maker sized, you can tempt their thirst for liquidity. Say you put your target to break even and sweeten the deal with the same or larger size pending order in the opposite ditection. Around the end of the day, if your orders are within 20-30 pips, there is a good chance they would be reached after for pairing orders out taking the commission.

Now let’s talk about the market setting divergences and not being able to reach the lower 30-min 30 samp. BB mean. It means a much too oversold market with no new money coming in. There would have to be discount given to attract more downside commitment.

I would list positioning under market mechanics.

It is an opex Friday, pegging is a likely event until the hour of expiration.

1.0860 is the statistical weekly S3, it was the reason for closing my short order. 1/2 a pip off the low print.

I could picture a bounce back up to the red neckline-trendline before continuing lower.

90+ pips bounce at a minimum.