@OfficialRhaven Usually it's not recommended to enter short after price has already moved far from it because then the sl would need to be very far from it thus reducing the r:r , better r:r would be waiting for a retest/double top
@ElafCrypto There were already two strong long wicks , if that's really a valid and strong res , it's unlikely that market makers will give a third chance to enter so the entry should be slightly below the wick high instead of directly at it
@Patrick_XBT constantly improve our skill to get entries as close as possible to the optimal entry , in this case the optimal entry was clearly the wick high 84100 , if we automatically classify a setup as good just because it's a win , we can't improve on the details
@Patrick_XBT Yes but entry could have been better and more optimal , could have made 11.81r instead of 3r , that's 300% more , we can't automatically classify a setup as good just because the outcome is a win , also have to look at the process because that's how we can improve , we have to
@HasnainxBT entry was too far , should have set it at 79602 which was previous wick support that created the locall high , the stronger it wwas as support the stronger it will be once flipped into res
@HasnainxBT https://t.co/N6TRaaC1Oj
I told you to wait for wick liq to be filled but you didn't listen to me , never short when price has already moved alot because your sl woulld need to be so far away thus making it a bad r:r trade , further more there was CPI , as we know cpi can have