Whales aggressively exploit anyone who relies on traditional analysis tools without understanding the overall market context or logic. These individuals become ideal prey because their movements are predictable. Whales target traditional support and resistance traders who expect the price to always bounce off the lines they've drawn. They push the price to break support or resistance to trigger their orders, then reverse the trend. They also target Fibonacci traders who enter trades at, say, 0.618 or 0.786, considering them retracement zones. They push the price to break these levels and then reverse to trap them. They also target technical patterns such as head and shoulders, flags, and triangles, who allow the pattern to form and then deliberately fail to breakout or reverse to force them into the wrong direction. Moving average traders who buy at a golden crossover, which whales exploit to temporarily move the market and then reverse. They also target traders using indicators such as the RSI and MACD who anticipate a reversal at certain levels, which whales continue to pressure to break their expectations. They also target those with traditional stop-loss orders close to support and resistance, those who chase reversal candles without understanding the context, those who follow signals from robots or public channels spread among thousands of traders, and those who enter the market immediately at news time, believing that good news will immediately lift the market. These are nothing but prey being led to the slaughter like a flock of blind sheep. Their behavior is exposed, they rush in with collective stupidity without thinking, completely incapable of understanding the true mechanics of the market. They consider themselves traders, while they are merely food on the whales' table
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