If you see ads for trading schools about 3 trades that "will make you a millionaire." This is a set up that will make you $ 98% of the time or more. I've learned them trading crypto they might help in cannabis/ violatile stocks.
1st SWING HIGH: this is a bull run with a 23% retracement. A LOT of traders trade-off 23%. if the retracement breaks 23% it will most likely fall to 50% and it is also the defining factor in a SWING HIGH. Until the run retraces 23% do you know youll the swing is over the theh swing high is done. If 23% is supported it will probably go up but if you're in a stock and it breaks 23% retracement after a bull run be prepared to see 50% retracement. you probably have to long it to see any GAINS. STOCKS ARE NOT CRYPTO 2nd bots want to buy at the -50% that is what we see here that the price dropped past -23% into -50% and bounced up and became overbought. the bread and butter ( JOIN TRADE DEVILS DISCORD AND FOLLOW THEM ON TWITTER FOR THIS INFO) trade for these bots is -50%+23%+61%. so they want to buy the -50% sell at +26% buy again and then sell again at +61%. NOT TRADING ADVICE 3rd -61% to -64% is like finding bedrock if it goes past the -50%. Imagine pissing off a robot, not only a robot but a gambling robot. It'll make bigger wages and want to even out the bets. Set you selles at 68% and buy at 62% because it'll hit 64% and decide to die or go up. And going up means back to that +61% the bot wanted in the first place.I would set my buy at -62%right after it bounces from -64% meaning it bottomed out then I saw it start to move again and I picked it up. If it goes past 68% just don't touch it. Something bad has happened and it may take time to recovery. But it if bounces off the 61% then you just ride the botz all the way up. That's how you 'turn 500 into 5000000" and 'LIMBO OUT"
that is what Ive learned while trading crypto. IN a perfect world this cycle would never be changed. AND STOCKS ARE NOT CRYPTO. or perfect.\\\
WHat do I think will happen. tomorrow? We will see that 61%.or retracement and then 61 later like tomorrow.
Note
still thinking it'll bounce to 61% soon. we hit that 23% the next day though. a little red isnt bad
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