Good Morning traders!
Todays update is back to BTC.
Like I always say retail traders are obvious, they have a distinctive footprint.
Mostly because hey don't think ahead in the markets.
I can see a VERY obvious stop filled area, and the longer we build orders the more likely it is that we break through to the downside.
By the time retail traders realise that they could have bought these areas they will be on the wrong side of the trade and they will be swept out as liquidity for a bigger smarter trader.
As always trade safe
EnvisionEJ
Todays update is back to BTC.
Like I always say retail traders are obvious, they have a distinctive footprint.
Mostly because hey don't think ahead in the markets.
I can see a VERY obvious stop filled area, and the longer we build orders the more likely it is that we break through to the downside.
By the time retail traders realise that they could have bought these areas they will be on the wrong side of the trade and they will be swept out as liquidity for a bigger smarter trader.
As always trade safe
EnvisionEJ
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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.