This market cycle is the most crazy and sadly this happens almost every year. They always comes a time
when suddenly I get popular then "poof" my popularity disappears. My guess is that every year we have a surge
of NEW retail investors both young and old into the capital markets for some it may be because they are looking for alternative investments
and others maybe are seasoned traders looking to learn something new
This used to frustrate me a lot because you know being popular is addictive and can force you to change your goals
And become very aggressive in your marketing if you aspire to be an entrepreneur
There is nothing wrong with online business as long as you are willing to help your fellow human being.
When you look at this chart of NFLX I want you to notice 3 things::
1-The wall of sellers represented by the tall red candlestick this idea I got from Tim Sykes.
2-The bull power has been rising for the past 4 days despite this market price crash
3-The rising high negative volume
These 3 things are giving what we call in trend analysis as a "Bear trap"
Or a reversal.
This can be difficult to understand but you can really reach a point in your life where once you get it
You can make serious income from it. if you understand the trap.
sadly many people don't see the trap and once they happen the market shakes in opposite
Also notice that its following the rocket booster strategy to learn more
about this strategy refer to the resources below
Thank you so much for following and reading.
Trade safe.
Rocket boost this content to learn more.
Disclaimer: Please use a simulation trading tool before you trade with real money Trading is risky because of this you have to have profit-taking and risk-management strategies.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.