Last post, I informed you guys in regards to the buying pressure kicking in. Meanwhile, most people were still in selling positions. Push your SL into profit if you took this trade. Risk free trades are phenomenal! We are in a selling zone according to fibonacci. However, I am still sticking to this analysis overall. It is imperative to understand how the laws of market making work. In contrary to that point, if that is too complex then just simply focus on sentiment. What direction is most of the money flowing in. Then, you must combine that with market structure and a couple confirmations that places you on the right side of trades. Last but not least, trading is all about probabilities and statistics. The goal is to have a system and to trust that system win, lose or draw. This keeps your emotions from your trading and allows you to rely on logic, data (A LOT of DATA) and results. Remember, Rome was not built in a day, neither will your trading success. Be sure to like and leave a comment below in regards to what you see happening with Bitcoin. We do thank you so much for checking out our post and remember, we will see you on the other side.
Rodrick (CEO)
Third Eye Traders
Rodrick (CEO)
Third Eye Traders