🔴🔴LEARN TO TRADE IN 3 STEPS🔴🔴
STEP 1: Part 2
🥵🥵DID YOU KNOW???
7 Out of 10 breakouts are 'LIQUIDITY SWEEPS'
And if you still doesn't know this, do not trade a breakout.
Try to figure out from this example
Suppose I am here to sell 1M ZEC token but you can see that the volume is diminishing from one candlestick to another. So even if I try to sell this @ market price my order wont be completed due to lack of buyers forcing me to sell my tokens @ lower price.....
My best alternative here is to put all my sell orders above the yellow line and wait for a breakout or create a breakout buying more...Breakout attracts traders and accumilate the buy oders so that i can sell at a higher price...
Finally if the demand doesnt exceed my sell order of 1M token price falls again showing a false breakout or trend reversal...
This is LIQUIDITY SWEEP
#scalping_trading #Scalpying #ScalpingTrading #Stratgy #StrategicTrading