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arqamreazkhan
Mar 3, 2021 5:49 AM

INSTITUTIONAL TRADING Short

Litecoin / United States DollarCoinbase

Description

Looks perfect institutions setup! Just waiting for entry
Comments
davidtbish
It's still gone up since. I can tell if u are saying to enter at 183 or the higher prices like 198... I just don't understand why you'd enter at a higher price. Is it to help add volume during testing the resistance?
arqamreazkhan
@davidtbish, This is institutions pattern! Most of my ideas are based on institutional concepts. There is a last selling candle from institutions which they will mitigate and start going down! Its just my idea,, go and check my profile how most of my ideas with small Sl and good TP are shown! My idea does not mean to be entered at the moment , we need to wait for market condition! I'm not a financial adviser! Manage your risk
davidtbish
@arqamreazkhan, when are you planning to enter?
arqamreazkhan
@davidtbish, It depend on market condition. MY POINT OF INTEREST IS YELLOW LINE
davidtbish
@arqamreazkhan, idk if you're frustured or something :P

But ah, so yellow line is where you're planning to sell so that you can recoup some more? (depending on the indicators of course)
arqamreazkhan
@davidtbish, I'm not frustrated. I appreciate your questions
arqamreazkhan
@davidtbish, Yellow line is the area where I wait for some rejections
arqamreazkhan
@davidtbish, Now you can see how institutional candle reacts, see the market comes and drops at yellow line! Not every time the price reach's TP, we need to see what institutions wanted to do. They trap retail traders, because whenever we buy or sell! institutions know about that, so if we buy then they push the market down, to remove us from the trade, once the retail trader looses their money then they move the market in the same direction
landry76
Not a good idea to sell now..
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