Strong bullish candlestick structure in Forex
Let’s see yeah kind of like more structure something like this pattern that also looks clean but in this case, the only time you want to take a move like this seriously, in my opinion, is if this bullish candlestick here closes more bullish like the candlestick Strong bullish, which is why when you know the next candle opens and breaks the lows and closes down it makes the structure look better overall than if you had a bang candle.
Strong bullish candlestick structure in Forex
We get a strong bearish candle like this and then a close below it to me which looks cleaner now it looks like it’s breaking and retesting and breaking the previous lows and then it should be good to continue driving down but if you’re just going to sell here, there’s a low probability, The best odds will come under this wick correction, so sometimes it’s better to arrive a little late because if you get to the top.
Clean you get a better entry but you can save yourself a loss or in the long run you can save yourself more losses are you going to take a long position for a break I think if I wanted to take a position here I would still do that I need to wait for more structuring preferably So in just a minute we become like another distribution play, so we become like the auction house that’s happening here again might not be the best house to visit, this is the house that’s offering all the grandma candy here we need to go to the rich neighborhoods.
This is not very clean, we don’t want any old candy, this is a good house here in terms of quality of setup I would say this is like an A+ setup and this is kind of like Drake’s house but Drake wasn’t home so we had to go back and look for another house, Because management was a textbook that we buy, he sent a chart, a naming scheme here on Discord that we buy.
Forex experts’ analysis of the rich people in the market
Not an analysis sir BillionaireBillion Forex Hedge Fund Sells Coins I’ve kinda seen some Forex memes I don’t know what it’s about Forex Trading Expert Billionaire Fund Sells Berkshire Buffets In Q1 UPS Walmart 200% Stake What Forex Trader Sold Forex Company This The guy here knows how to do trades, Warren Buffett’s stake in UPS Walmart is 200% If you know Warren Buffett’s approach to anything this will push people in the market to get the same thing you know at the same time you write you have to be careful So when really rich people tell you what they’re invested in because when was the last time a rich person told you what they’re investing in.
Why would they want to tell anyone what to invest in Forex?
We invested, it’s the same thing we saw with the Forex trading guys when the traders were talking about Forex hype, and that thing was creating a head and shoulders on the weekly time frame, which is why I was expecting Bitcoin to start collapsing already, maybe it was trying to generate more liquidity to get out of the market, so just using his leverage that was already in the way earlier, I’m sure those guys’ positions were probably somewhere around here.
This was in February 2021 when the price was starting to go up and this is where you started hearing a lot about Forex currency on social media, Elon Musk was kind of pushing it, and the price was going down, and that’s when we created our forecast here that the price.
It’s going to go back to 60k and then it goes down to 15k so the last one was faked because we like to see the market repeat these things over and over again and if you think the market is going to be the best move because people thought this was a discount and people I think were just buying So one final move gets them up here again like 60k and that would drive all the exuberance into the market, you need all that liquidity you need from the retail space as well to continue to push it down and it collapses right here to the T.
Retesting trade breakers in Forex
Look at this one that’s still really playing there you see at least in this candle you’ve got a little bit more volume than the previous candle here, this little candle I also feel like the market reacted well on that 16.6 um break, this is more of a retest of the break, you know if you’re not comfortable about the first, I think the market here gives you a chance to break the second under the retested support to close a decent stop loss around yeah 16.3 pips hammer how to deal with it’s called an L day just call it’s a day there’s not a lot of secrets.
There are a lot of secrets in a lot of anything really, if you want to be a disciplined trader, you just have to be disciplined when you buy before and then they tell you yes exactly they buy before and they tell you when they take their profits, that’s what Elon Mus and everyone else does On social media, he is very rich and has a lot of influence, like those who remember all the Forex cryptocurrency rock groups.
Summary
It’s the same thing that happened over there They made their audience buy all these coins and then people lost a lot of money What should I do if I only have $16 left in my account I think you should use your $16 to learn all the lessons you can because ‘You’re going to learn the same 16 lessons that you know for someone with a $10,000 account, they’re going to lose thousands of dollars but you’re only going to lose a few dollars, so you get a very nice discount on your education, so just trade that account for $16.