🔥 #GasHasNoMercy | 📉📈 #TechnicalAnalysis
📉 Well, the era of predictable gas trends in recent weeks seems over. Ironically, the downtrend has confirmed across all timeframes, but our wave count 🌊 and decline structure had to be revised.
🚫📉 Gas failed to show the expected impulsive downward waves. Moves were choppy—corrective triples, diagonals. Yet, we adapted and traded cautiously. Didn’t dissect every trade, but even a small profit ✅💰 was secured.
🛑📉 Now, waiting for a crash seems futile. Options: trade with surgical precision or step back until a clear pattern forms ⚠️⏳. Shorting from resistance levels or moving averages 📌🎯 could work, but lock profits fast. Avoid longing 🚫📈—gas forgives no mistakes. The chart reflects my current scenario. Alternatives exist, but in uncertainty, stick to basics: moving averages, levels, RSI. Wave guessing? Shelved for now.
💬 Your thoughts?
🔄 Agree with the tactics? Comment below ➡️
📉 Well, the era of predictable gas trends in recent weeks seems over. Ironically, the downtrend has confirmed across all timeframes, but our wave count 🌊 and decline structure had to be revised.
🚫📉 Gas failed to show the expected impulsive downward waves. Moves were choppy—corrective triples, diagonals. Yet, we adapted and traded cautiously. Didn’t dissect every trade, but even a small profit ✅💰 was secured.
🛑📉 Now, waiting for a crash seems futile. Options: trade with surgical precision or step back until a clear pattern forms ⚠️⏳. Shorting from resistance levels or moving averages 📌🎯 could work, but lock profits fast. Avoid longing 🚫📈—gas forgives no mistakes. The chart reflects my current scenario. Alternatives exist, but in uncertainty, stick to basics: moving averages, levels, RSI. Wave guessing? Shelved for now.
💬 Your thoughts?
🔄 Agree with the tactics? Comment below ➡️
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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.
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.