Leaving the Wyckoff distribution structure. As per the previous posts & streams.
People where saying "guys a boomer", "FUD" and all the other good stuff. I've been Bullish since 2011 and my overall sentiment is long. But I have traded 21 years now and know a healthy sign of the Bull moves are areas to buy the dips.
If you look at the logic in this post, it's written out as a text book example. I would actually choose this to teach in the class room.
We have covered a lot of this logic & also have a slight insight into the world of Venture Capital - seeing various angles is never a bad way of seeing things. This is part of a healthy correction, well needed and will actually do the whole sector some good overall.
We have already issued some long calls for the larger time-frames.
Discord channel in the signature of the post, come join the conversation.
Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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