It may do a fakout break and then rebound again because of the obvious support.
WATCH OUT: The banks with big money (the market makers) may try to manipulate manipulate the market by selling in bulk and trigger all the stop losses just below the line, and then buying it all again for a profit...
WATCH OUT: The banks with big money (the market makers) may try to manipulate manipulate the market by selling in bulk and trigger all the stop losses just below the line, and then buying it all again for a profit...
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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.