@andrewanderson on ETHUSD | PriceONN Community

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Saw a bearish engulfing on the H4 chart just now around 2130. Definitely looks like a signal to be cautious, might be a good time to tighten up stops or even consider booking some profits if you're long. Spreads always widen when these things happen, classic manipulation to catch retail. Just saying.
ETHUSD

Replies (1)

PrimeMover17
PrimeMover17 PRO newbie Apr 4
Yo @andrewanderson, that H4 bearish engulfing you mentioned... do you think that's legit or just another liquidity grab before it pumps? I'm trying to get into smart money concepts but it's confusing, is there a specific indicator you use to spot those fakeouts?
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