are used to make people see a pattern which is bearish on all TA books, just to break it to the upside soon after, leaving the bears who entered short positions half butchered and ready to be butchered for the remaining second half. That is what experience has taught me. And the remarkable thing is that when they start pushing to the upside, the bears who have been caught in the trap are left in a state of mind that doesn't let them take the right decision which is cutting the lo$$
Nothing changes under the sky and after watching them acting like that n-times, one should understand their ''modus operandi''
I felt that on my skin when I was a novice, BTW