In a range, trade the edges, never the middle. 📚
Bitcoin has now spent hours between 76,303 dollars below and 77,966 dollars above, and the morning move from 77,384 down to 76,708 happened right in the middle of that range, where there is no edge at all. 💡 My method is simple. First, only take trades near a range edge, with a stop just beyond it, so a wrong call costs little. Second, never chase a middle move, because the middle is where longs got liquidated today. Third, let a real break of 77,966 or 76,303 change the plan, and do nothing until it happens.
Today, do you trade only the range edges, or sit flat until one edge breaks? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
Bitcoin has now spent hours between 76,303 dollars below and 77,966 dollars above, and the morning move from 77,384 down to 76,708 happened right in the middle of that range, where there is no edge at all. 💡 My method is simple. First, only take trades near a range edge, with a stop just beyond it, so a wrong call costs little. Second, never chase a middle move, because the middle is where longs got liquidated today. Third, let a real break of 77,966 or 76,303 change the plan, and do nothing until it happens.
Today, do you trade only the range edges, or sit flat until one edge breaks? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
