hope this helps anybody struggling or second guessing what they are doing, I have learned more from my miserable losses and mistakes than any info from online or guru lol growth is key
still a good amount of time before this position is ready to be taken
There is a reason over 94% of retail traders loose money, hope this helps , just a concept
not interested in shorting but if this does end up playing out I will be taking a long position fib from the weekly market cycle fib from the bottom of the parabola to the top usually when they break you see a 50-60% retrace also a fib from the previous high to the current low sorry if this is a little sloppy
so if your job was to sit behind a computer and destroy retail traders all day and take their money how would you do it ? just an example, think like them . enjoy
If bitcoins keep painting these market cycles I can't see why this is not possible. Not saying this is going to happen not saying that its not but this is the weekly logarithmic chart and just by copying the emotions of the previous cycles once $13,000 is broken we may see bitcoin get very parabolic. Also even off the charts I really like bitcoin and see massive...
just to show the manipulation of a common moving average, this may be a little tricky to see at first but if you look at the patterns its constantly repeating as I showed in my last post. (STUDY THE ENEMY) trade with smart money not against them !
just something to share. in order for smart money to be able to take positions there must be manipulation and liquidity. trade the stop hunts
with us30 approaching all time highs and showing showing some bearish action can make for some very nice sells.