Everyone is watching the shorter-term wedge on Ucad. Some are betting on the bounce and others on a breakdown to lower prices. The safer big money bet is waiting for long-term support and building a position trade to hold for weeks, possibly months. Nice returns with less stress. More beach time.
Additional Note: if you are trading a more significant equity account (i.e., $10m+), these long-term support levels are excellent price points to jump in with minimal slippage. The algos typically size in larger positions at these levels and create a nice liquidity flow. Patience wins the race.
As always, trade safe, trade smart...
-Riff
Additional Note: if you are trading a more significant equity account (i.e., $10m+), these long-term support levels are excellent price points to jump in with minimal slippage. The algos typically size in larger positions at these levels and create a nice liquidity flow. Patience wins the race.
As always, trade safe, trade smart...
-Riff
Feragatname
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.
Feragatname
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.