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All moments › How to Spot a Liquidity Trap (Before You Lose Money)

Context determines pattern success or failure. Head and shoulders in discount may fake out due to support structure.

From How to Spot a Liquidity Trap (Before You Lose Money) · jumps to 23:10 · speech

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You can step outside of that and view it for what it is. It's just a description of market structure and liquidity. And last, but certainly not least, context is everything, right? The difference between the pattern that works and the pattern that doesn't work is the context. A head and shoulders in the discount of the range at an order block might not actually break down. It might give you a situation like this where that pattern was just a fake out because the context was telling you that weren't support and the draw on price is higher. So understand liquidity, understand market structure, understand that at all times, price is forming some sort of AMD, right? It's accumulating here.
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