It's all in the chart, Even though we are in bear market, ETHUSD still look strong. I'm still bearish on ETHUSD for the time being, due to BTCUSD downtrend.
Swing traders: Statistics and probability are on our side. Don't worry about being right all the time. You just have to be right 50% of the time to Double your initial capital.
Up Trend: Impulse. Down Trend: Correction. All wave Patterns are impulse or correction. Sideway: Except for moving horizontally. Retracement: Price hit Support, Reversal Period, Stop Loss: 60/40 Split. Resistance: Price Falls below Previous Support Level . Only trade when you see repeated price pattern. Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
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