BTC based on average behavior. How to Play the H&S right.
So everybody is seeing this H&S forming atm. Normally you would think this a perfect time to setup some shorts right?
If everybody is stuck in this mindset the big accounts want your money. And they are the ones moving this market. Not you.
Stops will we placed above the left shoulder. As soon as this area is reached all the liquidations will pay into their pockets.
So is longing the best thing todo? Obviously not. This is still a resistance that needs to be respected. Let it play. Market is still bullish so you shouldn't look for shorts in the first place.
Let the H&S play out and if it does long the daily support. If it doesn't long the breakout.
If everybody is stuck in this mindset the big accounts want your money. And they are the ones moving this market. Not you.
Stops will we placed above the left shoulder. As soon as this area is reached all the liquidations will pay into their pockets.
So is longing the best thing todo? Obviously not. This is still a resistance that needs to be respected. Let it play. Market is still bullish so you shouldn't look for shorts in the first place.
Let the H&S play out and if it does long the daily support. If it doesn't long the breakout.
コメント:
Thanks for playing I guess
コメント:
Eh
