Afterhours- Possible change of trend / lack of buyers: Trading PRICE ACTION

I want to show you a real-time example of a possible change of trend / lack of buyers in the market.

1) We had a rally attempt to the high, with a FAILURE to break the high. Indicating a lack of buying pressure.

2) On the 5 min, we had one last rally attempt with that single green bar. This is what we consider the LAST WAVE of BUYERS. This wave usually holds a losing long position in the markets after Wave 1 and Wave 2 buyers secured a profit and the wave before the last wave got stopped out.

3) Long signal failure, breach of support for that long signal.