🚨Why price hits your stop then reverses right after ❓
Usually its just liquidity and obvious stop placement. Everyone puts stops below support or above resistance, so price sweeps that zone.
2️⃣nd thing that hurt me was size too big. Small wick turns into big loss.
Now I keep stops less obvious and size small. Made a quick visual above to explain it.
Not financial advice, just sharing what helped me.
#BinanceSquare
Usually its just liquidity and obvious stop placement. Everyone puts stops below support or above resistance, so price sweeps that zone.
2️⃣nd thing that hurt me was size too big. Small wick turns into big loss.
Now I keep stops less obvious and size small. Made a quick visual above to explain it.
Not financial advice, just sharing what helped me.
#BinanceSquare
