For example the candles I am pointing to here, opposite direction of the main move
When candles like that get ingulfed, it means they trapped shorts on the first one and pushed up hard, and then they trapped longs on the follow arrow and pushed down and they push opposite direction to liquidate leveraged traders.
retail is trained to look for these patterns so they are like OMG head and shoulders let me short here.
so they trapped and liquidated those traders.
Retail has no money to liquidate if this were true.
I don't think it's retail either
Price action: how can we best fuck over the people with no moneh
I do think this type of price action is catching people offsides, but thats also pvp of whales
bomb gambit
It's not whales.
It's entire market.
If you actually study charts BTC moves nearly identical to SNP 500 and opposite of DXY
Yeah. And I think I misread ya, If you're saying institutions are fuckin retail traders with those arrows I agree
I can do as I please
its fun
diagonal lines are heavy abused by the algorithm pretty unreliable to do any serious trading long term.
they are traps in most cases I often use them in that regards, to indicate the traps
What app is that
Me? Tradingview
my eth staking rewards have doubled since the merge. sick
Well like 80% higher
What's the rate?
6.5%ish
If you want to learn how to day trade ICT inner circle trader has a crap loads of material.
It's a fuck ton of work learning.
