ETHUSD DAILY - STOP BUYING ETHUSD with $20 stops in Daily
Hi fellow traders,
I think all is pretty much on the chart.
Public enters late in a trend resulting in buying high and holding their loss during the correction until it becomes unbearable - refer to the traders psychology cycle - and sell the bottom before the price can go higher.
Let me know your opinion on that ! (even if you disagree ;-)).
I think all is pretty much on the chart.
Public enters late in a trend resulting in buying high and holding their loss during the correction until it becomes unbearable - refer to the traders psychology cycle - and sell the bottom before the price can go higher.
Let me know your opinion on that ! (even if you disagree ;-)).
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.