$ARB Short positions continue to be profitable. If you followed, please like!
In the previous post, I mentioned the question of whether $ETH 1 on the hourly chart could provide a short-selling opportunity after an upward move. Let me explain: in my trading framework, shorting must be preceded by upward acceleration on the hourly chart, because only when the hourly chart forms upward acceleration is it possible to trap late chasing longs, and then the downside move will have stronger momentum.
Of course, I am not sure whether this will happen, but I will only open a short position if this pattern appears. If it does not appear, then I will not enter the trade.
The hardest part of trading is not the model, but discipline.
In the previous post, I mentioned the question of whether $ETH 1 on the hourly chart could provide a short-selling opportunity after an upward move. Let me explain: in my trading framework, shorting must be preceded by upward acceleration on the hourly chart, because only when the hourly chart forms upward acceleration is it possible to trap late chasing longs, and then the downside move will have stronger momentum.
Of course, I am not sure whether this will happen, but I will only open a short position if this pattern appears. If it does not appear, then I will not enter the trade.
The hardest part of trading is not the model, but discipline.