So looking at this simple set up we have some trigger points to buy depending on how the price action plays out. So if the candles hit down and back up inside the wedge and breaks through you can place a buy trigger on the tick up to the break.
A buy range is the area of the blue rectangle.
Set a stop loss accordingly.
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After popping out of the wedge and surging towards the upside PAY tested some resistance which it failed to break and a huge candle down broke and hit the red dashed support I have on there! If we see a nice bounce away from the red support another chance to buy in.
I ve rebought at 9100 expecting 10 000 and it crashed down(((
Cryptolini881
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@Dimu, The reason why you may have lost in your trade is as follows: you EXPECTED a price, you cannot trade with expectations, it will always cause you to lose money!
Instead set price targets where you take off profits. If you go by a trading plan and stick to your rules you should have 0 expectations just steps and rules to follow.
Dimu
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@Cryptolini881, I ve followed by FIB and watched orders book,also checked Ichi Cloud, Bol Bands.