Quick Strategy To SELL @ The TOP (4 Beginners)

Look at the following chart:

Notice that when the candles form a large stick on top (basically the candle is pointing downwards), then we have a few candles of resistance or pullback.
In this example it isn't so obvious, because this coin right now is in a very strong run, but you get the idea.

After the first candle closes and give you the signal, you can sell at the following candle and then expect a retrace.

Let's look at a clearer example:

Then you use the support level to buy back. This is called a swing trade, this can make you lots of money. But if you get it wrong and go on panic, you can lose a lot as well.

Additional tip: The indicator "TD Sequential", which puts the numbers on the candles is another HUGE indication of a coming retrace.
On the same chart above, you can see that the #9 produced the biggest fall.

If you want to take this to MASTER level, learn how to read candles.

That's it. ENJOY!

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More strategies below, in the "related ideas" section.
Please read them. Thanks.

Commentaire:

Just now, the example on the chart, 2 hours warning to sell near the TOP: