Bitcoin Analysis: Waiting for Confirmation
- Trade Strategy: Bearish Deep Gartley
- Timeframe: 4-hourly chart
Analysis:
- Importance: Emphasizes the need for confirmation before entering a trade
Trade Plan:
- Entry Condition: Wait for candlestick confirmation
- Confirmation Sign: Look for a Magic Candle indicating a qualifying trading setup
- Engagement: Engage the trade only upon confirmation
Insights:
Trading requires plotting and planning a setup, followed by confirmation before entry. This cautious approach is favored by seasoned traders.
📉 Remember to exercise patience and diligence in waiting for confirmation before executing trades!
- Timeframe: 4-hourly chart
Analysis:
- Importance: Emphasizes the need for confirmation before entering a trade
Trade Plan:
- Entry Condition: Wait for candlestick confirmation
- Confirmation Sign: Look for a Magic Candle indicating a qualifying trading setup
- Engagement: Engage the trade only upon confirmation
Insights:
Trading requires plotting and planning a setup, followed by confirmation before entry. This cautious approach is favored by seasoned traders.
📉 Remember to exercise patience and diligence in waiting for confirmation before executing trades!
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Live session & Trading Tips on the GO
tiktok.com/@raynlim
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