/biz/ - Business & Finance

>>14905810
Again, look into order flow for trading. That's precisely one of the times when you should be most on alert, assumptions that price could go down is just gambling, without the confirmation data (volume) nothing is real.
You still could have caught the larger move upwards, even if it meant you didn't catch the initial 35% pump.
I would have looked to buy the local resistance breakout AFTER knowing that price had consistently been trading above the WEEKLY mean for about 3 months prior? It's about the context, looking at the chart blind for the daily and 4hourly chart was useless and gave you a false bearish signal, did you even see price had been stable/uptrend for the last 3 months?