HOW TO TRADE LIKE THEM CORRECTING MISEDUCATION HIDDEN REVERSAL
Alright now so I ll link the related post as I’d mentioned gn will be fruitful as I wasn’t interested in if price broke resistance this week which we can see it failed I’m in this but this post is to bring to you what you many not see.
So I’d said how I was in this trade before when the first swing low I had my position to hold I’d mentioned later that I’d noticed price was starting to range so I’d exited. It not normal for price to break out a range to go into one. This range lasted about 11 weeks...
So we must try to make sense of this
. Look at the daily we see we have a double bottom and I said in another post that only ONLY DOUBLE bottoms or tops reversal markets. Nothing else. Now seeing this is interesting. Not only that the last daily candle has high vol as high volume exhaust current trend we can see the market started to wave up right after.
Now I want trader to see this hidden channel forming as it can be tricky especially since the market easy gets us focus on the noisy where the action is while price made another direction. . ., this is how channel should be used just to highlight price and should only be traded no more than three touches on both sides. Cuz I’d found out that doing more lead a traders to focus too much on it and not price.. and if I recall correct I did a post on this on gu. Everyone had there channels ups focusing on selling at the top with the miseducation understanding of resistance mean while right in the middle of the channel price was in a range smh 🤦🏾♂️. . Omg Haha that range was there to beat the resistance ppl lol and guess what happen. The range spit price back up and now we are in it and everyone been like gu buy buy all late! Reactive trading give you no edge idc on what methods. You have to work on being proactive and knowing what’s going to happen next based off of solid analysis that’s deeper than channels and resistance n support lines. Cus that’s what’s kids do they drawl lol they connect dots 😂😂😂we gotta think why we making this trendline. As the trendline I made as a reason. It’s to isolate the noise so I can focus on a hidden direction. As you can see I just didn’t drawl from high to low or make a channel around the whole chart. This is not how they should be used!
Now You have to be able to point the ranges out if you cannot you need to stop trading and educated yourself. When I first look at a pair I look for it you just have to. If you seen my posts I use a black box. If you don’t highlight it your understanding can never be right. It’s your first outline not the highs or lows it’s that range! The range is what directs price.. and this is why so many traders get stomped ..
Trading can be so easy as just marking up a range the bigger the better but an alert round it and just wait for price to return and see what happens enter and put a sl within the range and sometimes you may not even need one but this only comes with the monthly
assessment ...
Let’s focus on what’s matters
So back to here I’m waiting to see what happens at the low of this trendline if it pulls there I’m in for a buy as a reversal while others will think the market failed at the resistance.
. I’m not saying it will hold but the market DONT make 11 week ranges for no reason.. you feel me. Let’s go left while everyone else goes right
Here giving that priceless info that really is priceless.
HOW TO TRADE LIKE THEM -
So I’d said how I was in this trade before when the first swing low I had my position to hold I’d mentioned later that I’d noticed price was starting to range so I’d exited. It not normal for price to break out a range to go into one. This range lasted about 11 weeks...
So we must try to make sense of this
. Look at the daily we see we have a double bottom and I said in another post that only ONLY DOUBLE bottoms or tops reversal markets. Nothing else. Now seeing this is interesting. Not only that the last daily candle has high vol as high volume exhaust current trend we can see the market started to wave up right after.
Now I want trader to see this hidden channel forming as it can be tricky especially since the market easy gets us focus on the noisy where the action is while price made another direction. . ., this is how channel should be used just to highlight price and should only be traded no more than three touches on both sides. Cuz I’d found out that doing more lead a traders to focus too much on it and not price.. and if I recall correct I did a post on this on gu. Everyone had there channels ups focusing on selling at the top with the miseducation understanding of resistance mean while right in the middle of the channel price was in a range smh 🤦🏾♂️. . Omg Haha that range was there to beat the resistance ppl lol and guess what happen. The range spit price back up and now we are in it and everyone been like gu buy buy all late! Reactive trading give you no edge idc on what methods. You have to work on being proactive and knowing what’s going to happen next based off of solid analysis that’s deeper than channels and resistance n support lines. Cus that’s what’s kids do they drawl lol they connect dots 😂😂😂we gotta think why we making this trendline. As the trendline I made as a reason. It’s to isolate the noise so I can focus on a hidden direction. As you can see I just didn’t drawl from high to low or make a channel around the whole chart. This is not how they should be used!
Now You have to be able to point the ranges out if you cannot you need to stop trading and educated yourself. When I first look at a pair I look for it you just have to. If you seen my posts I use a black box. If you don’t highlight it your understanding can never be right. It’s your first outline not the highs or lows it’s that range! The range is what directs price.. and this is why so many traders get stomped ..
Trading can be so easy as just marking up a range the bigger the better but an alert round it and just wait for price to return and see what happens enter and put a sl within the range and sometimes you may not even need one but this only comes with the monthly
assessment ...
Let’s focus on what’s matters
So back to here I’m waiting to see what happens at the low of this trendline if it pulls there I’m in for a buy as a reversal while others will think the market failed at the resistance.
. I’m not saying it will hold but the market DONT make 11 week ranges for no reason.. you feel me. Let’s go left while everyone else goes right
Here giving that priceless info that really is priceless.
HOW TO TRADE LIKE THEM -
