Here’s another spaggiari's trading secret no one understands:
It’s absolutely simple.
You see when price creates a huge wick.
Then price quickly absorbs the substantial wick.
That wick will always get filled and retested.
Why?
The price might not have dropped as much as it did on others exchanges.
Due to differences in liquidity.
This can result in the need for a "catch-up" movement to reach the same low point.
Despite the rapid absorption of the wick,
Expect a retracement to test the filled area,
As historical patterns show that such retesting commonly occurs.
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