Here are my levels:
Bearish
.022
Bullish
.017
I tried to do a video to go over bookmap levels and demonstrate the squeeze live but I cannot speak well enough right now. I am tired and it still hurts to talk.
I have the 4-hour time frame on my screen which would be unusual for me usually but I want to show you before the breakout occurs, how a squeeze looks. Notice how the B-Bands have tightened very tightly at the far end. This is what it looks like before the price explodes.
In the video I was talking about how buying squeeze is more reliable than buying based upon wicks or 80/20 candles or hammers because in a falling knife pattern these candles can form there over and over, but with a squeeze, a tightening is an actual market event that precedes a price explosion.
You have heard the saying don't catch a falling knife, if you do it is a gamble. With trading everything is a gamble, but you can up your success rate by choosing signs that are more reliable statistically speaking. I have done a lot of my own statistics, some of the statistics others have already written about but with squeezes they are probably my most reliable indicator of a price explosion.
Alright, I am going back to bed, trade safe my friends.
Bearish
.022
Bullish
.017
I tried to do a video to go over bookmap levels and demonstrate the squeeze live but I cannot speak well enough right now. I am tired and it still hurts to talk.
I have the 4-hour time frame on my screen which would be unusual for me usually but I want to show you before the breakout occurs, how a squeeze looks. Notice how the B-Bands have tightened very tightly at the far end. This is what it looks like before the price explodes.
In the video I was talking about how buying squeeze is more reliable than buying based upon wicks or 80/20 candles or hammers because in a falling knife pattern these candles can form there over and over, but with a squeeze, a tightening is an actual market event that precedes a price explosion.
You have heard the saying don't catch a falling knife, if you do it is a gamble. With trading everything is a gamble, but you can up your success rate by choosing signs that are more reliable statistically speaking. I have done a lot of my own statistics, some of the statistics others have already written about but with squeezes they are probably my most reliable indicator of a price explosion.
Alright, I am going back to bed, trade safe my friends.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。