Do your year ahead analysis to get an idea of possible turning points. We make use of a weekly timeframe and speedlines to analyze the year ahead, breaking 2024 up in to 4 quarters. From here we move down to lower timeframe for microscopic analysis and trade entries on lower timeframe. Higher timeframe trendline, speedlines, Fibonacci or Pivot Points remain longer in play. To learn more get our website link on our main profile.
You can use your favorite tools for year ahead analysis. Remember to test your analysis using back testing.
You can use your favorite tools for year ahead analysis. Remember to test your analysis using back testing.
Comment:
Price obeyed the the speed lines and pushed higher to 47K
Comment:
Our trader got out and we are not whales, guess our timing was just right.