Perfect example of SL hunt and trap
Today's price action is a textbook example of how the big players hunt and trap the retailers. Price goes below previous supports with big bearish candles and reverses sharply to go higher.
I forgot the name, a very famous trader once told that one of the secrets behind trading success is to put your buy order where most people put their stops!
I forgot the name, a very famous trader once told that one of the secrets behind trading success is to put your buy order where most people put their stops!
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