currently bitcoin is going though a short term 3 wave correction which is a 3-3-5 i believe. it is still moving within the range and will probably drop below 9000 to complete the c correction wave to complete the 3-3-5 pattern before we see a continuation of the upward movement
@Bullandbeartrading, thank you im not really an expert. i post my ideas to be critized. to i know what im doing wrong
transparent-fx
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love to see the hard work to learn this skill, trading is all about discipline and having a proper rule based strategy
lababs
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@transparent-fx, thank you. i mainly learn through mistakes and looking at different time frames to see consistencies. looking at history of the specific trade chart to see if patterns have appeared in its history . bitcoin itself sometimes break these patterns and its very hard to be confident on the predicting its next move. for me its all about minimizing my risk rather than maximizing profits