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Kosta Ouzas breaks down how large market players use open interest and order flow to control price moves. A sharp wick got stopped within a dollar, and that interaction explains the bounce that followed.
Kosta Ouzas breaks down how large market players use open interest and order flow to control price moves. A sharp wick got stopped within a dollar, and that interaction explains the bounce that followed.
You have the map of where it can go, but you don't always necessarily know the moves it's going to make. And when you look at that wick there, I mean, it literally took it out. If we zoomed in, I mean, it's taken it out within, like, the dollar. Right? So, like, I mean, it's literally insane when you put it like that to the T. Right. That's where it stopped wicking. And yeah, there's a reason Price is going back up now, right? There's a reason Price is going back up. So, you know, these tools, while they're not predictive, they basically give you an X ray vision on where the open interest is.
