Today's price action is a textbook example of how the big players hunt and trap the retailers. Price goes below previous supports with big bearish candles and reverses sharply to go higher.
I forgot the name, a very famous trader once told that one of the secrets behind trading success is to put your buy order where most people put their stops!
I forgot the name, a very famous trader once told that one of the secrets behind trading success is to put your buy order where most people put their stops!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.