Now I will go into why it works or why it happen's.. the wick above/swing failure setup.
Buyer's enter and have their buy stops above swing high's in anticipation of a new high, seller's that sold on the down run have their stop above their swing.. Both get twanked by the up move to the swing and above it by 1 pip then down..
More examples coming soon.
Buyer's enter and have their buy stops above swing high's in anticipation of a new high, seller's that sold on the down run have their stop above their swing.. Both get twanked by the up move to the swing and above it by 1 pip then down..
More examples coming soon.
It's in fear when people show what they truly value.
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