Any time you see the rate of change speeding up, as in a parabolic curve, stand aside and wait for the consolidation or a pullback.
Price going vertically is a time to exit
longs..not a time for new longs.
This will save you from buying at the top of a market and having to suffer large draw downs 😃.
Price going vertically is a time to exit
longs..not a time for new longs.
This will save you from buying at the top of a market and having to suffer large draw downs 😃.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.