If I was a smart money trader and with all the ideas, pointing down to a fall with different price levels, no way in this world what I allow bitcoin to fall to those pattern levels
Think about it, mates, put yourself in Smart money’s shoes, if you had millions of dollars to trade with, would you follow their patterns? just a thought.
I make patterns with subject to change within the hour, and on a daily basis.
My most recent ideas from the beginning of my Forex channel, I wasn’t much into smart money. Once I realized my patterns were being manipulated to some point that’s when I decided to get more involved with smart money strategies..
One fact I’ve learned about Smart money, they love to trade the opposite.
I’ll take volumes into consideration as an example. We learned that on a high volume in buys, price must continue to rise. Smart money allows that to a certain value level to make everyone feel emotional about it and emotions can lead us to make your wrong decision by entering a trade. Then behind-the-scenes they begin to sell in small quantities or in bigger quantities to value the price level of the coin.
This is how order blocks get established and per order block. It’s their signal to trap traders at that order block price level.
It’s very important for me to buy at a very low price this way when I see an order block, I will give it some time because there will be times SmartMoney Will break through it and go to the next order block.