Who runs into those traps? (besides me)

in trading •  7 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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!