Why equal highs are bait
Smart Money
Painted targets
Two-plus equal highs look like a solid ceiling, which is exactly why the stops resting above them are a magnet. Equal levels are less 'strong S/R', more 'unfinished business'.
Smart Money
Two-plus equal highs look like a solid ceiling, which is exactly why the stops resting above them are a magnet. Equal levels are less 'strong S/R', more 'unfinished business'.
Smart-money reading of triple equal lows:
Each retest stacks more stops beneath. The obvious floor is bait until the sweep clears it.
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