Marcus Sahlin

Bought my crystal ball in a pawnshop
Low Variable #Cryptotrader, #Priceaction maximalist.
Director @ Trendmaster LLC

[Marcus Sahlin @3step_Marcus]

Technical analysis boils down to two concepts:
Narrative & Price Levels.

Once you know the narrative, the relevant levels will illuminate themselves. If no narrative can be found, do not trade.

[Marcus Sahlin @3step_Marcus]

@SmirnTrades @TrendmasterAlgo Beautiful 👍

[Marcus Sahlin @3step_Marcus]

Textbook retest of a lost swing low.

Why are these levels retested?

1. Retail has been coaxed into shorting as it looked attractive to do so. The move back hits their stops and floods the market with liquidity

2. The area lead to a break of structure, MM's telegraph down move

[Marcus Sahlin @3step_Marcus]

@Captain_Kole1 I'll hold you to that

[Marcus Sahlin @3step_Marcus]

@LaertaShishman Agree. A delta squeeze at these levels will likely bring us down a top or two. Then again, that's the bear ptsd speaking😅

[Marcus Sahlin @3step_Marcus]

@LaertaShishman Love this