Using simple Fibs to look for entries and exits. The trend is not your friend, the news is your friend, well at times anyway.
It's best to look at both fundamentals and technicals. Humans are driven by fundamentals governed by emotion.
Those emotions lead to trading decisions. Thus they forget the last sentence within a flash.
Take Facebook's brush with the law, (again) obviously there was a discussion long before the law was involved hence large selling.
When it became public, there was a huge sell off. Followed by positive news of the implementation of blockchain technology into the business.
A Facebook coin will be born! Verifiable transactions on the blockchain will bring trust back into the business.
Without any proof whatsoever, buyers run in to get a 'great deal'.
I see another short potential, what do you see?
It's best to look at both fundamentals and technicals. Humans are driven by fundamentals governed by emotion.
Those emotions lead to trading decisions. Thus they forget the last sentence within a flash.
Take Facebook's brush with the law, (again) obviously there was a discussion long before the law was involved hence large selling.
When it became public, there was a huge sell off. Followed by positive news of the implementation of blockchain technology into the business.
A Facebook coin will be born! Verifiable transactions on the blockchain will bring trust back into the business.
Without any proof whatsoever, buyers run in to get a 'great deal'.
I see another short potential, what do you see?