HITTING RESISTANCE LIKE PLANNED (Daily analysis)
So yesterday was just a waiting day, no trade, and as you've seen it has gotten very volatile in both directions until it hit the previous resistance. So I was just replying to tradingview's DM.
Like planned, we're making a range.
How have I been able to anticipate that range? Because the 10,500$ rejection was so strong that people get confused after it. We've made a bottom, slowly go up from that and then on the downside we've slightly hit the previous bottom and bounced on it, which is typical with range.
So it was a very good selling point that was already profitable for daytraders.
Today, let's keep following the plan and finding a good selling level.
May the luck be with you.
Like planned, we're making a range.
How have I been able to anticipate that range? Because the 10,500$ rejection was so strong that people get confused after it. We've made a bottom, slowly go up from that and then on the downside we've slightly hit the previous bottom and bounced on it, which is typical with range.
So it was a very good selling point that was already profitable for daytraders.
Today, let's keep following the plan and finding a good selling level.
May the luck be with you.
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