also professionals are wrong from time to time. keep central banks in mind, they can do what they want. so this is just one group wanting to go up, the other protecting.
the herd selling can never move the price.
i do not know how this will help you in trading, i even think the need to know why this happened will make you go insane
the herd selling can never move the price.
i do not know how this will help you in trading, i even think the need to know why this happened will make you go insane
DislikedYes.
Comments?
1. SM has allready started buying in that long down bar.
2. Price comes up to previous level first time and we are in downtrend, so HERD sells and SM buys, price drops little.
3. HERD sees that maybe trend is over and starts buying when price goes up back to level and over it and everyone in herd buys and SM sells and price drops again and HERD starts to sell because they dont wanna miss good downtrend and SM buys everything.Ignored