Trades are off
Updated
Dear Followers,
As you are aware we are still in the downtrend.
We are now in the Phase C of the Wyckoff Schematics.
For leverage traders, this is a very dangerous zone to trade with high leverage but not for traders who look to HOLD.
We can see smart money manipulating the prices now as they are trying to accumulate as much as they can with lower prices.
So far I would not start trading with leverage until we breakout and pull back to retest. Even shorting is way too risky for me.
Lastly, do take note of the big news happening in the world. ie Oil Supply-demand is decreasing in summer, to policymaker announcements, big tech stocks earnings and MA to Elon Musk's tweets hehe.
What Say you. Do drop me a comment.
As you are aware we are still in the downtrend.
We are now in the Phase C of the Wyckoff Schematics.
For leverage traders, this is a very dangerous zone to trade with high leverage but not for traders who look to HOLD.
We can see smart money manipulating the prices now as they are trying to accumulate as much as they can with lower prices.
So far I would not start trading with leverage until we breakout and pull back to retest. Even shorting is way too risky for me.
Lastly, do take note of the big news happening in the world. ie Oil Supply-demand is decreasing in summer, to policymaker announcements, big tech stocks earnings and MA to Elon Musk's tweets hehe.
What Say you. Do drop me a comment.
Comment
this is the reason my trades are off. We just had a captulationComment
I will put 40% of my portfolio in Cardano if it reaches the price of 0.3890 with SL at 0.3700. hehhe
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