Trading patterns will change significantly when the next bull market happens.
Retracement patterns will be useless without a strong support in volume for a specific trend.
The bottom is what i am waiting for. I could care less about the future patterns.
They will be wrong!!
Trading bots will be manipulating every past retracement to confuse traders.
If you are stressing about the markets and feeling overwhelmed on what to do.
Start recurring buys weekly for the next 6 months and don't worry about it.
If the market drops 30% or even 50% more atleast your not putting all your investment budget
in at one specific price. Spread it out so you keep buying the lower.
I only say this because of how low the market price is from the all time high.
The low is where to watch for consolidation.
You have only 3 options
1. Day trade with only short term gains repetitively forever (stressful)
2. Make small recurring purchases weekly until the bull market (not stressful but painful short term losses)
3. Buy the Low and Sell the High (Experienced traders who hold a long time)
I could be wrong.
Manipulation can be manipulated over and over again.
Market Psychology is a B...
Retracement patterns will be useless without a strong support in volume for a specific trend.
The bottom is what i am waiting for. I could care less about the future patterns.
They will be wrong!!
Trading bots will be manipulating every past retracement to confuse traders.
If you are stressing about the markets and feeling overwhelmed on what to do.
Start recurring buys weekly for the next 6 months and don't worry about it.
If the market drops 30% or even 50% more atleast your not putting all your investment budget
in at one specific price. Spread it out so you keep buying the lower.
I only say this because of how low the market price is from the all time high.
The low is where to watch for consolidation.
You have only 3 options
1. Day trade with only short term gains repetitively forever (stressful)
2. Make small recurring purchases weekly until the bull market (not stressful but painful short term losses)
3. Buy the Low and Sell the High (Experienced traders who hold a long time)
I could be wrong.
Manipulation can be manipulated over and over again.
Market Psychology is a B...
Either this was last minute gains to prepare for the upcoming bull run in 2024 or some whales are about to farm some losses so they don't so much taxes to deal with. Say thank you whales for showing your support.
told you all manipulation is a B but you can see on this chart how volume changes the pattern in ways you least expect. the overall perception of the trend becomes accurate at times. Peak of the market is now so it is safe to take a little profit so you have capital to buy lower when it happens.