30m Trendline Resistance Break-Out Play.
-High volumes on prison candle, prison break candles, does NOT automatically mean a complete reversal.
-Zooming out, look for HUGE Trendline Resistances that can bec onsidered. From there, calculate if the Risk to Reward Ratio (RRR) is worth trading or NOT! Always set a stop-loss.
-50% is not volatility in a 1hr candle, it's a position with no Stop-Loss.
-Late entry or even a FOMO entry is a mistake no one should ever make again and again
Market went against me this time, bounce back!
#ToGodBeTheGlory
-High volumes on prison candle, prison break candles, does NOT automatically mean a complete reversal.
-Zooming out, look for HUGE Trendline Resistances that can bec onsidered. From there, calculate if the Risk to Reward Ratio (RRR) is worth trading or NOT! Always set a stop-loss.
-50% is not volatility in a 1hr candle, it's a position with no Stop-Loss.
-Late entry or even a FOMO entry is a mistake no one should ever make again and again
Market went against me this time, bounce back!
#ToGodBeTheGlory