lowtrade

[lowtrade]

I don't use candles for 2 reasons, they are difficult to learn all the variations and require many confirmations. And they are for day trading.

Here's a chart of what I teach about the OTC game.

The run/retrace/channel pattern. Which failed to breakout to previous high. And looks now, like is being pulled down for another accumulation cheap, by small big guys. LOL VCs are big big guys. The difference, 10's of thousands cash, not 100's of thousands.


Small big guys accumulation took place during attention getting pop. See the high volume candle before everything and strong volume during. They were buying! got attention and sold into the run. This was not a pond fishing play, with 3 volume surges over 6 months, and a month 10x, but out right sneak attack and profit taking in 1 month. Hard to catch these in setup stage.