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Do you sometimes feel a lack of understanding of the current market movement? After completing your technical analysis, do you still feel confused and unsure about the next market movement?
Here is a method that is considered one of the basic analysis of the market in general, which I use and which has benefited me personally. It is presented by the Ali Telegram channel. It is based on trades that ended in a code (money liquidation) for traders who lost their trades as a result of incorrect analysis.
Here's how
When we find that most of the deals are accompanied by a green circle, it comes
Then liquidated short, which means that the owners of these losing trades entered sell trades and the market went up, thus losing money.
When we find most trades accompanied by a red circle and followed by liquidated long, this means that the owners of these losing trades entered buy deals and the market fell, thus losing money.
How to benefit from this analysis
If you see that the green circles overwhelm the red circles, the market is bullish, and therefore avoid entering sell trades
If you see that the red circles overwhelm the green circles, the market is bearish, and therefore avoid entering buy deals
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