Always remember any observation which is theoretically valid , but too many retailers have found out and placed a bet in favour of that development, will be creating a liquidity pool and will invite smart money to encash that.
For a long setup it result downward mover and vis a vis.
Apache what you have observed , I did 2 days ago and placed my long bet- reversal started and then halted. I moved my stop now and preparing for another whips.
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