let me share some experience with you!
Now you see the BIG GREEN CANDLE that i have highlighted here...
I was pretty confident that the market would turn around for a correction somewhere around the two green lines i had marked(bear area)
Just imagine this scenario
Ill be placing a limit order to execute somewhere arround 1.102 and TP at 1.03...
Being a casual trader who doesnt risk more where would i place the STOPLOSS
maybe 1.12 but justsee the candle i highlighted...
Yes my analysis is correct
But still all liquidity is collected by the traders before going SHORT!!
These WICKS.... I hate them the most....
analysis doesnt matter if the wicks are doing the trick for the whales
Errrrrr!
#Write2Earn