EURAUD 700 PIP SWINGDAILY INSTITUTIONAL CANDLE IS WHERE SMART MONEY BOUGHT TO SELL, LOOKING TO PLAY OFF THE MITIGATION. THERE IS A LARGE AMOUNT OF LIQUIDITY TO THE DOWNSIDE THAT GIVES US A PROBABLE TARGET.
Smart-money
EURUSD - 1h Trade Idea (Short)Here we see a lot of equal highs and quite obviously retail traders got in seeing a resistance, putting their SLs right above the equal highs. Smart Money knows about Retail Mentality and they know where their SLs would be. They need these SLs to grab liquidity, the latest upwards movement cleared all the SLs, now I'm considering EU to go down as the banks have liquidity and they can go to the intended direction.
Whale analysis #1 - Stop runningAn easy method that I'm using to anticipate whale behaviour. Identify stop hunts, messure how much the whales drove price up/down to run the stops, and then project the same distance x2 to x3 in the opposite direction to have an idea around what levels whales would like to take profit.
