Not gonna go into too much details about this one. Simple break & retest, however it is better to react than predict.
Keys to making the right trade:
-Wait for price to find support @ 23% before thinking of an entry.
-Look at the smaller TF to gauge sentiment.
-Look at the orderbook to see what the sellers are doing.
-Be patient. It makes no sense to risk the downside just because you want to get in early. If price is gonna moon from here, you'll get a good piece of the pie no matter what.
Let me hear your thoughts.
Keys to making the right trade:
-Wait for price to find support @ 23% before thinking of an entry.
-Look at the smaller TF to gauge sentiment.
-Look at the orderbook to see what the sellers are doing.
-Be patient. It makes no sense to risk the downside just because you want to get in early. If price is gonna moon from here, you'll get a good piece of the pie no matter what.
Let me hear your thoughts.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
