When trading, it is important that you have a plan before you start. Having a plan means that you know what risk you are taking and your reward at the end of the trade.
Having a plan is the first step, executing your plan is the second step. You go into the trade with a mindset and a focus. You have a clear idea of the trades so there are no surprises.
Finally getting back to the charts after this recent move into the new spot. 💯
Looking at BTCUSD here with a much more simplified approach to an already volatile pair. The best way to do that is simply understand price, know your key levels, and just let the market tell you what it’s doing by breaking down by time frames.
If you’re not paying much attention to the higher time frames via these crypto pairs then good luck. 🤯
Trade safe friends. 📈📉
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