Knowing when to take profit is what separates surviving traders from liquidized gamblers.
I just closed out the remainder of my $ARB position.
We captured the bulk of this clean structural move, but price has slammed directly into heavy overhead resistance.
Chasing vertical candles blindly right here is a rookie mistake.
My game plan now? Sit on my hands and wait.
If price decides to carve out a healthy consolidation base, I’ll gladly look to long the range lows targeting those equal highs.
Until the charts actually print that setup, there's zero concrete reason to force a trade.
Patience prints money.
#Arbitrum #ARB #cryptotrading
I just closed out the remainder of my $ARB position.
We captured the bulk of this clean structural move, but price has slammed directly into heavy overhead resistance.
Chasing vertical candles blindly right here is a rookie mistake.
My game plan now? Sit on my hands and wait.
If price decides to carve out a healthy consolidation base, I’ll gladly look to long the range lows targeting those equal highs.
Until the charts actually print that setup, there's zero concrete reason to force a trade.
Patience prints money.
#Arbitrum #ARB #cryptotrading
