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Buy to go long with stop loss is selling; buy to go short with stop loss is buying. Everyone probably knows this every day when trading, right? But is it possible that the position you buy at is a market maker's passive execution position or someone else's stop loss level?
If trading only looks at technical indicators or support and resistance levels, isn't the position you're finding the same position everyone else is also finding?
If you understand volume-price dynamics and market maker micro-intentions, you'll discover that so-called support and resistance are meant to be broken. After hitting your stop loss, the price rebounds in a V-shape.
If you understand market makers and micro-intentions, you'll find that using market maker logic to find your stop profit and stop loss levels, they're basically not within the range of indicators and support-resistance levels. $ETH