2 rules to stay objective in Trading:
1. Change Timeframes -
Step up to a higher timeframe to confirm if the structure is real or just noise.
2. Blank Chart Test -
Erase all drawings. If you look at the chart fresh, would you still see the same pattern?
The #1 reason why most setups don't work.
We get attached to one strategy. Then we start seeing that same setup everywhere, even when the market structure doesnβt support it.
We assume. We force it. And we get misled.
The #1 reason why most setups don't work.
We get attached to one strategy. Then we start seeing that same setup everywhere, even when the market structure doesnβt support it.
We assume. We force it. And we get misled.
#BITCOIN is currently ranging between $58K and $60K.
Price appears to be collecting liquidity below the previous lows.
If this is a liquidity sweep, we could see a short-term bounce before another potential leg down.
For now, I'm watching how price reacts within this range.