#71 LETS LEARN BEFORE TRADING 3
Continue from #70
3) MARKET MAKER MODELS 2
You will understand how they act and how to spot their moves before they even happen.
TRENDLINES
- Workout with Fibonachi, tool for many traders to identify market direction and plan entries.
- They appear clean, logical and reliable.
Picture 1
- The truth, Market Maker know how you use them.
And they use that knowledge to trap you.
- Ex: If the price touches the trendline again, I’ll enter..
Its a trending line break. I was wrong..when you buy
- Market Makers recognize this predictable behaviour.
- They see an opportunity to create a liquidity pool.
Picture 2
Result: The price break the trendline, stop loss is triggered. Its now become Liquidity Grab. After Market Makers collect enough all the Liquidity Grab, market continue DOWNTREND..
Picture 3
Summarized..
Please share to all Binancians and help them know the principles of trading. It can grow and save their assets..
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