In this video I pay attention to 2H and 4H time frames, updating my previous video. I also compare momentum in the 2020 crash with the current picture.
In particular I look compare squeeze momentum and RSI patterns in both periods.
There is always 'hope'. But hope doesn't rule against market crashes.
This is one hypothesis - not a prediction.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
In particular I look compare squeeze momentum and RSI patterns in both periods.
There is always 'hope'. But hope doesn't rule against market crashes.
This is one hypothesis - not a prediction.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
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