This market is very very bearish, yet most traders dont even understand price action only trendline action so they’ll don’t even see and were never taught how to read price!
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Trading this zone thinking its a demand zone or support zone the market will give you only a bounce. These methods don’t have no value in the market! I said this many times the market respect ranges! Range markets are were decisions are made! Price travel from range to range! If there isn’t one it’ll make one
Retailer traders are ready to buy a strong bearish market due to miseducation! Don’t do it!
They think of supply and demand but lack the understanding thereof. They thing they see a huge increase in price that it’s a demand zone! No ! The zone is support as again market support are 3. Price fluctuations ( in which we have here) high volume doji with long wicks.
Yet this still doesn’t mean price will reverse there! There are just areas the market sees a supportive!
You buy this zone you’ll be buying a bounce thinking you riding a trend continuation and you’ll get ate by the players waiting for a pullback to sale on! And they know I’m right!! It’s only yal that doubt! 😂
And guess what I’ll be there too waiting at 3s. Soon as we get that tail I’m selling right into yal supply and demand traders entry 😬 .
As I said this market is moving in 3 so sale s3 (sale 3) let those uneducated traders buy the bounce and hunt their entry! Target the range!
Also from the last post I showed that the bears hadn’t taken the market as the last two month price didn’t close low but this doesn’t means they are gone! As this month they are aggressive! But the pattern has no other outcome than bullish as we can see a projection of a bullish monthly candle trapping them.
And where will this candle come from? That range! Not no breakout bar candle but where the breakout bar came from! Remember this.
Stay out the market Sale that bounce when it run out of steam. On the daily Target the range. Tp there and wait for the next move up.
Also remember it takes more than one try to reversal a market. So the market isn’t bearish! For all those saying sale to hell.
And it will take more than one time for the bears to walk away! As any move up they will be ready to sale it as they should! Cuz the bears shown their present with those strong bearish candle This is why you cannot buy that zone like all the others will. This isn’t a hour pullback etc. you’ll lose!
Look at the chart here! That zone will not stop the drop! As we have a very very strong signal candle and an even more stronger entry candle which is impressive And an daily carry candle that we are in carrying out the sale and each open at the pervious low and closed at it low
But do as you please 😌..
HOW TO TRADE LIKE THEM-
