So this trade is for the most part fundamental, you will start to notice a trend with me as I post more. The fun thing about market psychology is that it really doesn't have to be rational, so as long as everyone believes it, in general it will happen. The weekly pattern I can see forming on a technical level looks harmonic enough for me to say "yeah, fear drives people to shelter, for some that shelter is gold, for others, there is a new shelter, bitcoin" and I have learned to never bet against the pure market mania contagion that btc is(regardless of my personal opinion). Turns out according to mainstream media news sources (ask and I will share) The international sanctions on Russia could be driving some real whales into the digital world so its a buy and hold for me for now. Lets see how this plays out!
Also due to the nature of my posts I need to make it clear, this is just me posting my thoughts, I make ZERO claims of being the best in the world I am just looking to see how my gut stacks up against the market over time.
And as always remember: If you have to ask someone weather or not you should take the trade, the answer is usually NO! (unless they are a legit licensed professional)
Also due to the nature of my posts I need to make it clear, this is just me posting my thoughts, I make ZERO claims of being the best in the world I am just looking to see how my gut stacks up against the market over time.
And as always remember: If you have to ask someone weather or not you should take the trade, the answer is usually NO! (unless they are a legit licensed professional)
Trade active:
Trade is in the red, for now, account is padded enough to weather through if need be.
emotional state: calm, alert, BP normal.
emotional state: calm, alert, BP normal.
Trade closed: target reached:
i was out awhile go, good luck out there guys