We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY PA - PRICE ACTION BITCOIN SIGN - MONEY POCKET ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS BLUE LINES - ENTRIES WITH SM MARKED LINES - POTENCIAL ENTRY POINT BOX - GAP's