A speculative perspective on bull run
Hello traders & seniors & passionate new ones like me , I wanted to share with you this methodology I use to keep or withdraw my trust in a macro trend.
I use Fibonacci levels , combined with how strong RSI is to cross or reach those levels.
As per chart, for testing next levels (on Fibonacci), RSI is falling , which indicates to me that , for taking long term trades, or holding assets, we need to either hedge our risk or give ourselves a regular reality check for exiting the trades & assets with profit, while reaching times next year where trend can go sideways or reverse, or if fundamentals support even go for new highs.
Rough guess March to June 2025 will be critical time for us to review our overall market sentiment.
Our over-all market sentiment impacts our trades very much even on smaller time frames. We might be grounded on 4 hour or daily, but our trading consciousness comes from macro time frames.
I use Fibonacci levels , combined with how strong RSI is to cross or reach those levels.
As per chart, for testing next levels (on Fibonacci), RSI is falling , which indicates to me that , for taking long term trades, or holding assets, we need to either hedge our risk or give ourselves a regular reality check for exiting the trades & assets with profit, while reaching times next year where trend can go sideways or reverse, or if fundamentals support even go for new highs.
Rough guess March to June 2025 will be critical time for us to review our overall market sentiment.
Our over-all market sentiment impacts our trades very much even on smaller time frames. We might be grounded on 4 hour or daily, but our trading consciousness comes from macro time frames.
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