Gold collapsed extremely hard due to trapped liquidity at the equal highs on the left.
Once banks had pushed the price up aggressively into this area, stopping out sellers, they then could proceed with their aggressive selling.
It is crucial to understand the concept of liquidity if you wish to make high risk to reward trades and understand the WHY behind price.
Good luck trading next week! Keep your eye out for traps like these.
Once banks had pushed the price up aggressively into this area, stopping out sellers, they then could proceed with their aggressive selling.
It is crucial to understand the concept of liquidity if you wish to make high risk to reward trades and understand the WHY behind price.
Good luck trading next week! Keep your eye out for traps like these.
Publicações relacionadas
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.
Publicações relacionadas
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.