Dax . Here is the 4hr with a high marked with a ? mark
We will see if this is the high and also monitor lower TF p/a to understand if strength remains or not. It's the 64K question. But don't predict but get into an emerging trend as soon as possible. One needs to know what is confirmation and what is not.
has had a crazy upside run, most have not made $ in this trend. It's how our minds are wired but we need to trade what we see. Looking back it is so clear, but during the rise there were many HH HL's. This was all the information we needed, all we needed to do was enter in the trends direction with proper risk management and sit on your hands. Obv the sooner the better. Many professionals take a few attempts with sample trades to get a foot hold in emerging trends.
We will see if this is the high and also monitor lower TF p/a to understand if strength remains or not. It's the 64K question. But don't predict but get into an emerging trend as soon as possible. One needs to know what is confirmation and what is not.
has had a crazy upside run, most have not made $ in this trend. It's how our minds are wired but we need to trade what we see. Looking back it is so clear, but during the rise there were many HH HL's. This was all the information we needed, all we needed to do was enter in the trends direction with proper risk management and sit on your hands. Obv the sooner the better. Many professionals take a few attempts with sample trades to get a foot hold in emerging trends.
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