🚨 LIQUIDATION SWEEPING CANDLES 🚨
Liquidation sweeping candles are significant price movements in financial markets, especially in trading environments like #cryptocurrency , futures, or #Forex .
📋 These candles are characterized by sharp, often sudden price swings that "sweep" through multiple levels of stop-loss orders, causing liquidations of leveraged positions.
🎯 Typically, a liquidation sweeping candle occurs when #MarketMomentum accelerates dramatically, usually due to a cascade of #stoploss triggers. As these stop losses are hit, it forces traders to close their positions, either manually or through automatic liquidations.
This chain reaction can cause a rapid and extensive price move, often exceeding normal #Volatility patterns. These candles are usually developed by whales to sideline beginners and to grab as much profits as they can.
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