Check my previous post as to why, but here we have the same scenario. Lets see how both pairs play out.
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Stop hunt in progress.
Traders told to trade off trendlines, and stops below. The banks know this, it enables them to place large orders by taking out everyones stops.
Remember for every buyer there needs to be a seller and vice versa.
The banks need lots of stop losses to place their huge orders. They need sellers if they buy, they need buyers if they sell.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Traders told to trade off trendlines, and stops below. The banks know this, it enables them to place large orders by taking out everyones stops.
Remember for every buyer there needs to be a seller and vice versa.
The banks need lots of stop losses to place their huge orders. They need sellers if they buy, they need buyers if they sell.