4/24(Wed) Large bullish candles or large bearish candles are causing stop-losses to be swept in.

EA developer Reiwa's Double-E is here.

In the market, sometimes a big bullish candle or big bearish candle appears.

This is not only because there is an enormous surge in new buying or new selling,

but also because existing positions' stop-losses must be avoided from being swept away,

otherwise big bullish or bearish candles will not appear.

Experienced major securities dealers,

watch the chart and say that there are many people who have placed stops here.

If you know that,

they go to trigger those stops,

thereby lightening the market positions,

making it easier to move the rate and more profitable,

in other words,

mainlyHunting peoplein Western markets' trading sessions,

such price movements can be seen,

and it is common for intraday highs and lows to be touched,

therefore.

Even just before key economic indicators,

many people reduce their positions and wait,

so after the announcements, rates tend to jump.

Furthermore, now AI and other algorithms are roaming the market too,

which might make rates even more prone to movement.

In that sense,

Emergency FX activationis an interesting EA, I think.

Well then!

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【Reiwa's Double-EA Listing】

https://www.gogojungle.co.jp/users/112481/products

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【Reiwa's Double-E's Serialized Articles】

https://www.gogojungle.co.jp/finance/navi/series/1700

【Reiwa's Double-E's Beliefs】