Pretty much all my best trades lately have been entirely based on candles closing strong into prior rejections..... Full bodied candles eating pinbars.
Engulfings more or less, but the don't actually have to be engulfing. Loosely termed the Ichi bottle rocket.
From xrp H4 a while back.
E.g $EGLD daily as it stands currently.
Also $HNT daily as it stands... (Pending close obv)
Vs btc (Daily Reg Trend)
Full history weekly.... Anyway you get the idea, I quite like the coin.
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1. Don’t look at candlestick patterns - dojis etc.
2. Learn point and figure charting it will transform your understanding of PA.
3. Draw simple trendlines using a ‘best fit’ approach not wick to wick.
4. Chart crypto vs USD more.
5. Don’t look for tops/bottoms, look for inflection points.
6. Read twitter for fun, not for entries.
7. Use trend indicators for bias, use market structure for execution.
8. Use high timeframes and don’t babysit your trades.
9. Monitor few assets and understand them.
Can’t leave a list at 9 😂
10. Embrace advice on what to learn, ignore advice on what to buy.
Assume that trading will be the hardest endeavour you have ever embarked on. It will require a greater commitment to learning than any study you have undertaken before.
Trendmaster premium @TrendmasterTM was orriginally conceived to spot high probability trend reversals. The aim was not to catch the very bottom but to enter on early trend breakout. We wanted an indicator that would help manage long term positions without too much screentime.
Trendmaster premium on the weekly timeframe has been giving excellent entries. Here are all the most recent binance pairs that reported signals our discord. Link signal was given prior to implementation of the weekly bots but I have included it here.