Hello friends!
How many times have we seen “a large investor bought for hundreds of millions, which means that this is the end of a bear market”?
I want to tell you that this 100 million $ manipulator purchase was caused not to send to the moon, but to again the crowd believe in the growth, invest their remaining money, and after close their positions at a loss.
On the chart, I showed an identical . In July, after strong growth, there was the news in the media that an Asian billionaire bought for a hundred million.
The crowd was , everyone shouted that if large investors were buying, then it was the bottom and the bear market was over.
And while the crowd was buying, this manipulator sold them his .
The end of this manipulation you see on the chart. People closed their positions at a loss, but did not draw conclusions, and now they are repeating this mistake.
Now everything is repeated again.
Do not take a longs now, think without emotions.
As I said in the previous idea, we are waiting for the close of the weekly candle and in the coming days we will go into shorts.
Have a good weekend!
Published at Sat, 06 Apr 2019 15:30:09 +0000
