This is my simple system for betting big on patterns. This strategy will save you from overanalyzing, from wasting hours reading useless news designed to lead you astray and stressing over small price movements. I don't predict where the price will end up, I simply react to the price action and position myself correctly. This seems to be where 90% of tradingview ideas fail, they overanalyze with a page full of mumbo jumbo technical talk and price PREDICTIONS.
I always stay neutral and wait for a clear support and resistance pattern to form and once either one gets broken with volume confirmation, I position myself for whichever the direction will be.
For additional confirmation of a pattern one should watch BTC/USD and ETH/USD as they lead the way of the big moves with high probability.
Thanks for reading, I will be posting more in the future.
I always stay neutral and wait for a clear support and resistance pattern to form and once either one gets broken with volume confirmation, I position myself for whichever the direction will be.
For additional confirmation of a pattern one should watch BTC/USD and ETH/USD as they lead the way of the big moves with high probability.
Thanks for reading, I will be posting more in the future.