📒 A series of dialogues on trading:
🖋 Lesson: 20 — Selling Momentum
👼 Angel: What is selling momentum?
🦅 Falcon: It is the force of selling pressure in the market, when the number of sellers increases and the price falls sharply or continuously.
👼 Angel: And how can I recognize it?
🦅 Falcon: By a succession of bearish candles, increased trading volume during the decline, breaks of support levels, and the use of indicators such as RSI and MACD.
👼 Angel: Does that mean the decline will definitely continue?
🦅 Falcon: No, a sudden rebound may occur. So, wait for technical confirmation and manage your risk before making a decision.
■Takeaway: 🔥 Selling momentum signals the strength of sellers; it does not guarantee that the decline will continue. Analyze the market and don’t rush your decisions.
■Dedication: 🦅💌 To my angel, who taught me that understanding the market’s direction is more important than rushing to oppose it.
للإطلاع على باقي المواضيع يرجى الدخول من هنا
$AZTEC $IO $RSR
🖋 Lesson: 20 — Selling Momentum
👼 Angel: What is selling momentum?
🦅 Falcon: It is the force of selling pressure in the market, when the number of sellers increases and the price falls sharply or continuously.
👼 Angel: And how can I recognize it?
🦅 Falcon: By a succession of bearish candles, increased trading volume during the decline, breaks of support levels, and the use of indicators such as RSI and MACD.
👼 Angel: Does that mean the decline will definitely continue?
🦅 Falcon: No, a sudden rebound may occur. So, wait for technical confirmation and manage your risk before making a decision.
■Takeaway: 🔥 Selling momentum signals the strength of sellers; it does not guarantee that the decline will continue. Analyze the market and don’t rush your decisions.
■Dedication: 🦅💌 To my angel, who taught me that understanding the market’s direction is more important than rushing to oppose it.
للإطلاع على باقي المواضيع يرجى الدخول من هنا
$AZTEC $IO $RSR