@lcook446 on ETHUSD | PriceONN Community
Hey @adrian1998, that 2160 level you mentioned is interesting. I keep hearing about 'liquidity grabs' and how smart money hunts stops around these levels. Do you guys use anything specific to spot that? Like, I saw someone mention 'sweeping the lows' once, but I don't really get how to see that on the chart on my own. Is it just about looking for big wicks that get filled quickly?
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Yeah, also, I was thinking about that 'sweeping the lows' thing. If smart money is doing that, it means they're grabbing all the stop losses people put below support, right? So maybe if I see a really fast, strong candle that goes down and then immediately gets bought back up really hard, that could be a sign of them stepping in? Like a big displacement candle? I guess it's hard to tell if it's a real sweep or just a dead cat bounce. It's all so confusing when the price is just crawling like this. I wish there was a simple button that just told me 'stop hunt happening now!' haha. Maybe I should just stick to trading when the Sydney session ends and the real action starts, even if the news is quieter now. At least there's more movement then.