Closed most of the long here at 63k, ( leaving 30%), opened a short, targeting 61k, weekly close + came gap, if it holds, which is my base case, I’ll go long again (also be a good chance to get into more alts)
Closed most of the long here at 63k, ( leaving 30%), opened a short, targeting 61k, weekly close + came gap, if it holds, which is my base case, I’ll go long again (also be a good chance to get into more alts)
@CryptoSays Sorry, for example, assuming a 1D pivot is on 5th, the the candle closes and either the high or low of that day should be the pivot, in a case of a weekly pivot, say the 15th, would it be the close of that week or the day 15th and so on
@satinvictus Could you explain a little bit how this chart ties into the broader one, if the bottoming event ends on June 15th, but the upward window ends on the 22nd
@CryptoSays It’s really easy to get stuck in a bias, thin line between “My strategy says long, so I’m long” and “My strategy says long, so the market must go up”. Blew a few accounts learning that
From the academy, figured is this helps at least one person, it is worth it.
"Bias is a bitch.. Most times it is so hard to let go of "set" ideas. It is crazy how we fight that, or better said, our ego does. And the only way the ego wins is the day we validate the "prediction" we have, or the idea we think should be.
It is lovely to be confident. But being confident is eerie similar to being certain, which begets the perfect environment to fall flat wrong on our faces.
Remember this. We are not proving anything to anyone, no one really cares. No one! In reality we want to be right so we pat ourselves in the back. Oldest trick in the bag of the ways the brain fucks us."
I just hope today that you find the way to be above that nonsense. Because we have all we need. 🧠