Who runs into those traps? (besides me)

in #trading7 years ago

So.. I should have stayed with my first prediction..

trap.jpg

I really do not know what I was thinking that the couple of green 1 min candles impressed me so much, I guess it is the imagination running wild in my head. What really was needed was a strong follow through and that got nuked.
And I was not even accepting this, but still bulllived that this was a trap now.

Traps everywhere.

Every small green candle kind of run atm turns out the be something that I think is known as a liquidity run, people running the price shortly above some level to get people like me to fomo into their sellwalls.