Gl4diator

#xbtusd #Bitcoin - don´t force setups that ain´t there

BITMEX:XBTUSD.P   Bitcoin
Educational Tipp:

If you are in an area like we are currently, around the Monthly Pivot, within or near a bigger accumulation zone, near a neckline of a w-top, in a short-term downtrend (for H1), where some reversal potential could turn up out of nowhere, DO NOT FORCE TRADE-SETUPS. A day without trading and no setups to find can be a good day too! Go out and have fun, invite some friends, have a BBQ.

Starring at charts waiting for "something" is a safe way to get bankrupt. You have to learn to wait patiently for real setups to happen, where you can set good stops and defined targets to maintain a proper risk-management*. Don´t forget we are in a consolidation period. Anything can happen at this point.
Have a lovely day, people!


*Always set stops. Dyor. No financial advice.
If you are interested in using the NeruSuite v5 (final), please contact me in Telegram @NerubicaC or here in TradingView via DM.

____________________________________________________________________________________________
BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com/register/juqr

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.