Why wheels do this? Okay, you see normally, when wheels make a move, for example, institutional wheels. They have an intention to attack all the stop losses in the sense that okay, you should know by now that retail traders normally lose money anyway. Okay, let's just get it up, but 90 of traders in general. Ninety percent of traders lose all right that makes money. So usually, usually when the markets move like, for example, and be quite markers, move a theorem smokers move their usually wills deciding the direction. The reason is because there are probably points of interest. Where do we also like to get to so, for example, when you see a symmetrical triangle right, there is a series of lower highs right and a series of higher lows. You gave me symmetrical triangles. Okay, I becoming Naruto. Now I like something, you see: SACNAS symmetrical triangles lower highs, higher lows, alright, so that's, why usually, when there's a symmetrical triangle and when things first either way, for example, if a symmetrical triangle busts up right, usually there are people who are who have like stop, buys And when things rise, stop by one gets chicken and you push the price slightly higher, stop by two guess trigger and put me push the price I stopped by three will be triggered, and you know is how people join a trade. If things, for example, is if things are going up right, you want to join a trade, you have to put it at the tip of the highs and then esacash sugar Papa Papa Papa.
It goes up so if the wheelset intention of putting off pushing the price higher know me do, you know, have a symmetrical triangle: I'm, just giving an example and yeah. He hits all the stop. Bys pom pom pom pom pom, and it helps to push the price higher so yeah. If the price is going up, but then again, wills could also set up traps. I think this could be a thick breakout, so what the wheels could do is the wheels could chip trigger on the stop bys pom pom pom. You know as all the stop bys get trigger pop up a pom pom and after that, the wheels stage a reversal right, and so what happens is all the stop bys here the people who were expecting to join retreat towards the outside? Okay, in the sense that oh, I thought I was going up, but no, you went darling stay, so what do they have to do? They have to close their lungs. So how do you close your lungs? You sell. So when you sell what happens, the price goes slower and, as you go lower all the stop sales pom pom pom gets triggered as well, and then it pushes the price lower right. So this is how wheels manipulate the price direction. Yeah sometimes it's a fake up, fake breakup and then Tommy goes the other way and it makes the move stronger. There was a fake break out on Bitcoin against USD.
Let me show you an example that happened over here: I'm gon na put the link you're gon na check out the link below. Let me show you okay. This is a very very good example, very, very good example. So if you look over here yeah, this is a very very good example, very, very good example. This was this was between the fifth of March. You can check it out the 5th of March 20. 22. The 8th of March 20, 2015 8 of March 2020 on Bitcoin, is a very good example yeah. You can see a very nice fake breakup and this was what you call up yeah a trigger, and this is how wills trip one site of the traders and good the other way so yeah. How do I do this? Okay, green screen, Bitcoin against USD okay? Wait? Hang on a fake breakup and after that, we when lor hmm, is this good? Yes, sir it's good, all right, I'm gon na upload this image copy there you go so you can check it out. You should be able to see it. So this is a very nice fake, breakup yeah, so when it will set up, you know, lower highs, lower highs, lower highs and higher lows higher low high low. You know things like this happen, fake brick house, and they track all the long buyers. I mean all the people who are going long and after that you went shopping stay.
So what happened was yeah. It helps to pull the price lower when things like this happen. So Chuck patents are wills way of setting traps, yeah so it's. A very good example of a stoploss hunting yeah, you could be a stop loss. You know it could be a stop by stop sell to join a trade yeah. So there you go.