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Starman1006
@Starman1006
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Triggered. Let’s see how it goes #daytrading #XLPUSDT
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I’m bearish
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Selling XPLUSDT
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Technical Analysis is scam and won’t make you any money. I know this is a controversial issue, but thinking about drawing a line on the chart and price will come to that line and move to your desired direction is just nonsense. You might win here and there, but ask yourself since you started learning how to trade, have you been consistently profitable or you just see people online claiming they are profitable? It is easier to lie on social media but you can’t lie to yourself. If technical analysis works, why are we not profitable yet since we started learning #TrumpVsMusk #MyCOSTrade #BlackRockETHPurchase #BinanceAlphaAlert #BTC
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Let’s talk about #MarketDownturn from Technical Analysis perspective. On May 1 I sent the first picture to a group that I was in and i’m telling them about the potential shift in market structure. We were creating higher highs then price failed to make a swing higher. That high made a lower low signifying a market structure shift. The lower high left a zone that was unmitigated. When there are to structures that does not mitigate each other properly, the market will clear one structure as liquidity to mitigate the other. That’s my reason for entering a short. They say fundamentals move the market, i’m not saying that they are not saying the truth, but before any fundamentals, the charts are picked a side and the side was bearish. Now that everything has played out people are coming up with different stories about the #MarketDownturn when it already started months ago. Though I did not capitalize on all the movement because I was only looking for daily bread and I don’t have that much capital. To be profitable during the #MarketDownturn trade what you see not what you feel. Until price gets to where it is going, market will keep creating more liquidities and taking it out. Remember if you can’t spot the liquidity then you are the liquidity. Did you see #MarketDownturn coming or not comment below?
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