In Monday a lot of retailers opened Short positions and got rekt at 30K$. And also they tried to open Long position at 30k but this time also they get rekt by market makers.
Now cuurent price is also acting like that. Here is my point of view 29200 is key level if break it and creats HH then trend will be shifted to upward side. And if gets rejection from that level then market will definetly go towards below double bottom to grap liquiduty of longers and also it will invite retail shorters but they will also be rekt because once taking liquidity from downside price will go up to grap liquidity of shorters.
Now cuurent price is also acting like that. Here is my point of view 29200 is key level if break it and creats HH then trend will be shifted to upward side. And if gets rejection from that level then market will definetly go towards below double bottom to grap liquiduty of longers and also it will invite retail shorters but they will also be rekt because once taking liquidity from downside price will go up to grap liquidity of shorters.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.