Banks Accumulate Positions | Large Stop Loss Clusters Detected
As we know the big players chase the stop losses of retailers to get liquidity. They hit their stop losses and the price returns immediately to make a profit. In this idea we found a large stop loss cluster (5.52%) below the price while the exchange rate is downtrend. This is the potential target of the big players because there they will find the liquidity they are looking for.
The general philosophy is that the crowd loses long term money. Right now it has been placed long and since most retailers lose money if we place them upside down we have to end up on the right side. At this time the retailers are positioned 65.5% long and 35.5% short. This means that for the time being we should only look for short positions. Additionally 2% of fresh buyers come in (24/8/2021 | 6:00 A.M.), this is an extra confirmation for our short position.
The price will return when the big players collect enough liquidity. The whole range up to the orange line has several stop losses, so anywhere in this zone we expect the price to return targeting the large cluster of liquidity low at 5.52%.
Because the trade is downtrend overall the trade is considered safe. We have hidden our stop loss above the next cluster of retailers so that even if we are wrong and the price continues to go up by hitting the stop loss of other retailers but not ours.
The general philosophy is that the crowd loses long term money. Right now it has been placed long and since most retailers lose money if we place them upside down we have to end up on the right side. At this time the retailers are positioned 65.5% long and 35.5% short. This means that for the time being we should only look for short positions. Additionally 2% of fresh buyers come in (24/8/2021 | 6:00 A.M.), this is an extra confirmation for our short position.
The price will return when the big players collect enough liquidity. The whole range up to the orange line has several stop losses, so anywhere in this zone we expect the price to return targeting the large cluster of liquidity low at 5.52%.
Because the trade is downtrend overall the trade is considered safe. We have hidden our stop loss above the next cluster of retailers so that even if we are wrong and the price continues to go up by hitting the stop loss of other retailers but not ours.