This base on Wyckoff Analysis
Effort VS Result as you see on current price that fall with weak candle and high volume. Price candle small and high volume thats addressed Big Whale is accumulate the price or they collect liquidity at lowest price or they buying at best price before price raising UP. And Now you can see the BOS is already occur and test test until SL Buyer Triggered and TP Seller Triggered Thats we call liquidity sweep and make confusing the retailer.Please aware don't sell your position until price hit 150k-200k.
Effort VS Result as you see on current price that fall with weak candle and high volume. Price candle small and high volume thats addressed Big Whale is accumulate the price or they collect liquidity at lowest price or they buying at best price before price raising UP. And Now you can see the BOS is already occur and test test until SL Buyer Triggered and TP Seller Triggered Thats we call liquidity sweep and make confusing the retailer.Please aware don't sell your position until price hit 150k-200k.
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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.