As I said market psychology is 80% of successful trading
What is it?
Understanding that these markets do the same thing as it do historical
Thus we have common things that we know the market will do and when it will do it all we have to do is watch n wait and then trade against it as it trap traders
So what we have here is a common trap at the lows
Where they trap traders who tries to sale a continuation.
Tbh I’d seen this coming and drawn the pattern before it was made but got caught up n a trade only to resurface to see it done
So
Study and learn
GL understanding these informative info that’s hard to find!
Here’s another below
What is it?
Understanding that these markets do the same thing as it do historical
Thus we have common things that we know the market will do and when it will do it all we have to do is watch n wait and then trade against it as it trap traders
So what we have here is a common trap at the lows
Where they trap traders who tries to sale a continuation.
Tbh I’d seen this coming and drawn the pattern before it was made but got caught up n a trade only to resurface to see it done
So
Study and learn
GL understanding these informative info that’s hard to find!
Here’s another below