#week #ОМиданио #binance #Bitcoin #BTC â
Hello everyone, you need to accept your mistakes, but sometimes itâs not pleasant to do so, especially when youâve been right at key points for a long time :)))
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Although the medium-term alternative monthly wait is not bad. (where I wrote: In the medium term I expect the buyer to resume after the BTC test (BackToCreek)), but still, to begin with, I expected a test that did not happen and the buyer went without it. There's nothing you can do about it, that's the risk.
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Although short-term intraday waiting on Friday (I donât trade or run a channel on weekends) worked well, itâs still a countertrend.
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But in general, Iâm not happy with myself, and hereâs why: Contextually, the price for older TFs (day, week) was in the area of ââpotential interest of the seller. And everyone observed the impact of this fact; the price could not break through this area for a long time.
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Indirectly, it was clear that there was pressure on the sales area during the day, and the sellerâs protection was getting worse and worse. Next, a trivial impulse breakdown of the sellerâs area occurs. For me, these are ordinary situations that I have seen hundreds of times, but this is my mistake.
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I did not take into account the strong nature of the movement, it was impulsive, and the corrections were flat, + the exhaustion of the sellerâs protection caused the pressure.
In general, in this vein, expecting a test of the BackToCreek level (Breakout Area) before the breakdown of the key sales area was a mistake.
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This is the mercilessness of recoilless movements, you expect normal development (with corrections, etc.), but this does not happen, and you simply stand out of position and miss the movement. On such a movement, you need to enter either very skillfully on junior TFs using early tests of local actions, or on a breakout of bad manipulation (the logic of continuation of the impulse, I will not focus on this, this is not what Iâm talking about now)
âłď¸ In general, according to the weekly TF, I will think like this (see screenshot), but I will reduce the probability to 55-60%.
Best regards @lucky_trades_finder