@elizabethnelson on ETHUSD | PriceONN Community
Saw a nice little bearish engulfing candle form on the hourly chart just now. It's a textbook example of how they try to lure you in with a fake breakout attempt. The preceding bullish candle looked like it was going to break through, but then bam, this thing closes way below the high and completely wipes out the prior gains. It’s designed to trap longs right before a sharp drop. I'm watching this carefully, pretty sure we're going to see a test of those lower support levels soon. Just another day in this rigged casino.