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On this weblog we talk about about a way highs and lows are manipulated
As you possibly can see I’ve added fibo on a selected swing which isn’t correct excessive, as a result of after you could see excessive is damaged by wick or physique.
Lets perceive what’s purpose behind that. It’s referred to as Excessive low manipulation
Within the picture under you possibly can see as soon as an precise excessive established, any excessive past that which doesn’t maintain above this particular excessive is taken into account invalid.
You might even see value tried to govern excessive two occasions however each time it did not maintain above precise excessive as a result of the open of the candle which damaged the precise excessive stage had a closing instantly after manipulation of excessive upside. This really traps a a lot of dealer who take into account a brand new excessive is established, however in actuality earlier excessive stays legitimate and it traps anybody who do evaluation from manipulated highs.
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