Advanced Order Flow setup: First green box, order consumption at an important level (4HR 10 EMA) then price broke out and got rejected. It moved into the second green box and order consumption continued then price moved down out of this box so I joined in.
The fake move up is the way MMs trick buyers into buying when their actual intention is to move price further down. If after my entry price hadn't moved down quickly, I would have gotten out.
The fake move up is the way MMs trick buyers into buying when their actual intention is to move price further down. If after my entry price hadn't moved down quickly, I would have gotten out.
Trading can't be taught but it can be learned