Firstly: Patterns like cups can work but in the right place. For example, do not expect that an inverted cup with a handle will give you a drop for a short if it is located at a local price minimum, for instance on the daily chart. Also look at 1h, 4h, 1d.
This is important!
I made a profit by entering a trade based on experience and observation against the pattern, and the price seemed to initially go to fulfill it, but then it went long, taking out people's stops.
Conclusion? I bet on the cunning and manipulation of the market - victory 💴
Secondly: The market at the moment can not only disregard indicators, metrics, insider information, everything altogether, sometimes it switches to such a lawn mower mode that no stop will hold. It's better not to trade; if you made a profit - go take a break. Don't tempt your soul!
Do not open trades at night, do not trade in the evening, do not rely on luck! Look for coins that have clear movements supported by analysis. Do not rush to make money; rush to understand how the market works.
The market is chess, where we play the fields, not the pieces. No one knows what the next move of the market will be, but understanding will increase the probability!
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