Looking at the Monthlty candels we can see that the pattern is forming it does not suggest a green monthly close. If there is gonna be a momentum cooldown candle i'll plan a long. If the downwards move is continuing strong I would like to see a big spike. (In this scenario bids at 16k and 11.5k)
@ZeeMura Markets very often doesn’t react to events as people predict. They, in some ways, works, breath and move as an organism. There are patterns, momentum, proportion, manipulations that usually occurs in a market cycle. What I do is not trying to catch the news or predict events. I try to decode price movements in order to find a structure in a noisy chart.