dee718

BTCEUR 22 NOV 2020 1036 hrs (chasers lose)

COINBASE:BTCEUR   Bitcoin / Euro
Trend analysis versus range analysis.

Price moves in waves, not strait lines.

You can see the two key potential supply/profit taking zones. You dont want to buy when the CO is selling. Where does the CO sell? Where does the CO buy?

Buy low/sell high right? If you miss it or it fails to meet criteria, depending on your personal risk tolerance you let it go.

A good rule of thumb if in teh learning process: Do not enter a trade as soon as you open your chart. Assume you missed the move. Wait for profit taking to cease and for price to come to you. If you chase it, 9/10 times you will lose.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out