Ben_vouh

Market psychology #2 🧠

Short
Ben_vouh Updated   
INDEX:BTCUSD   Bitcoin
With this idea in want you to show the psychology behind a bearflag.
The market makers want to trigger as many stop-losses as they can, before they make the final move.
They dont want you to make money, especially when you are in with high leverage.
The most retail traders cant handle this situation right.
Most of the time its important to step back, look at the price action, and then make your decision.

Have a nice weekend.
Comment:
Its exactly going the way..
Comment:
Stop losses on both sides got triggered. time to fall.
Comment:
BTC entered Stage 3, where 90% of retailers dont know how to trade in this situation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.