Interesting to see the difference between the public narrative and the actual market structure.
While influencers were pushing their audience to go long, i was already looking for the short into resistance.
I'm not saying this was intentional or that anyone was deliberately trapping their followers. But when a large crowd is encouraged to long at an obvious resistance area, those positions can become the liquidity for the move in the opposite direction.
This is why I prefer to read structure, liquidity, absorption and positioning rather than simply follow the narrative.
The question isn't “what is everyone telling you to trade?”
It's “where is the liquidity, and who is trapped when price moves?”
While influencers were pushing their audience to go long, i was already looking for the short into resistance.
I'm not saying this was intentional or that anyone was deliberately trapping their followers. But when a large crowd is encouraged to long at an obvious resistance area, those positions can become the liquidity for the move in the opposite direction.
This is why I prefer to read structure, liquidity, absorption and positioning rather than simply follow the narrative.
The question isn't “what is everyone telling you to trade?”
It's “where is the liquidity, and who is trapped when price moves?”
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.