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Chartchampions

I pity the fool,who don't go through the modules. I have seen market move for the last 2 years, never did i ever think one strategy rules them all, you see price moves due to many reasons these reasons are limited yet each one is specific and random, that makes it easy for us to see what others don't. You think lots of strategies makes one weak(Analysis paralysis), for me that's my greatest strength. Read the tags to see everyone who made me where i am. Do not listen to those who says TA and Monkeys are the same.
BYBIT:BTCUSD.P
by phenodev
WHY DID WE BOUNCE HERE?For those of You who are still trying to figure out, why we bounced where we did. For trading You always need confluence, the higher the time frame the stronger the level. Always start with the big picture and work your way down to a daily plan if You like to trade daily. If You are a swing trader, just do Your analysis on higher term time frames. This bounce was beautiful because of the confluence we had. We ran into high liquidity areas and tapped (TO THE DOLLAR) HTF Modified pitchfork, a 1:1 extension pulled from the last ATH to the July 28K low and back up to the new ATH. Also we tapped the July range POC. When You see confluence like this lining up, it's a trade I would take any day of the week. And as an extra layer on top you should use order flow software, like exo charts to monitor the price action as it approaches your level of intrest. No financial advice, paper trades only.
BYBIT:BTCUSD.P
by SeyBeats