Always follow the trend.
Be neither a bull nor a bear, but only seek the truth. A biased bull looks at a chart and says,
"Where can I buy?" A biased bear looks at the same chart and tries to find
where he can go short. A top-flight analyst is free of bullish or bearish bias
We're on a strong downtrend formed by lower lows and lower highs, no one can predict or tell when the market will reverse otherwise it's a professional gambler who prayed for luck.
Daily frame is showing a strong doubt in the market, Fibonnacci lovers interpretation : We have a first leg then we rejected from the 0.618 golden Level! Great! Let's sell.
4h frame: Wide range of accumulations B=S, we didn't witness a similar volume in the past days, Price action lovers : Consolidation at the resistance..Hmmm: Unusual activity! A breakout Maybe?
Me : Strong volume level = injection down = Sell Injection up = Buy! EASY!
HIT AND RUN Strategy.
Be neither a bull nor a bear, but only seek the truth. A biased bull looks at a chart and says,
"Where can I buy?" A biased bear looks at the same chart and tries to find
where he can go short. A top-flight analyst is free of bullish or bearish bias
We're on a strong downtrend formed by lower lows and lower highs, no one can predict or tell when the market will reverse otherwise it's a professional gambler who prayed for luck.
Daily frame is showing a strong doubt in the market, Fibonnacci lovers interpretation : We have a first leg then we rejected from the 0.618 golden Level! Great! Let's sell.
4h frame: Wide range of accumulations B=S, we didn't witness a similar volume in the past days, Price action lovers : Consolidation at the resistance..Hmmm: Unusual activity! A breakout Maybe?
Me : Strong volume level = injection down = Sell Injection up = Buy! EASY!
HIT AND RUN Strategy.