Kardec Trader explains how institutional traders hunt retail stop losses by creating daily candle wicks that trigger common placements. The video shows how to anticipate these wick patterns and avoid being caught in the manipulation.
When I approach the chart, I would always look at the daily candle forming with a wick above this area. I would always anticipate that this daily candle is going to form like this and it may end up looking like that. I don't care if this wick comes all the way down here and there's no high hit, I would still frame this as my version of manipulation. Everybody that got short in this candle from previous day, I.e. swing trading, etc, etc, when we get a daily close here, the one thing they don't want to see is us trade into this high the amount of orders that are being stopped at this point they would be my stop losses. Yeah.
