š Premium and Discount
Premium/Discount divides the current range around its midpoint. For buying, it makes more sense to look for confirmation in the lower part of the range, and for sellingāin the upper partāwithout turning the location itself into a ready-made signal.
The practical principle is simple: first determine the context and the level, then wait for confirmation on a closing candle, and only after that assess the Entry, Stop, and potential targets. A single element should not replace the full trading scenario.
Even correctly reading the structure does not guarantee results. Risk must be defined before entering, and after the scenario is invalidated, you shouldnāt move the Stop in hopes that the market will come back. Sequence matters more than trying to guess every move.
Keep it if itās useful.
Whale Hunter UA
#Crypto #Trading #Binance
Premium/Discount divides the current range around its midpoint. For buying, it makes more sense to look for confirmation in the lower part of the range, and for sellingāin the upper partāwithout turning the location itself into a ready-made signal.
The practical principle is simple: first determine the context and the level, then wait for confirmation on a closing candle, and only after that assess the Entry, Stop, and potential targets. A single element should not replace the full trading scenario.
Even correctly reading the structure does not guarantee results. Risk must be defined before entering, and after the scenario is invalidated, you shouldnāt move the Stop in hopes that the market will come back. Sequence matters more than trying to guess every move.
Keep it if itās useful.
Whale Hunter UA
#Crypto #Trading #Binance