Notes
- Most of the volume is in the candles’ bodies, so the liquidity is below and above them, i.e. in the wicks.
- The market will always seek liquidity.
- To determine the directional bias, ask yourself: Where is the most recent area of untapped liquidity with the least resistance to it?
- If we are bullish and the market has moved into a consolidation, we consider any movement below it a false breakdown.
- If we are bearish and the market has moved into a consolidation, we consider any movement above it a false breakout.
Market Maker Trap - False Breakouts
Market Maker Trap - False Breakouts - Buy And Sell Stops
Market Maker Trap - False Breakouts - Order Pairing
Market Maker Trap - False Breakouts - False Breakdowns
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