💸 I Lost $50,000 — But Then One Simple Strategy Changed Everything
Just like many traders out there, I was chasing indicators, news updates, and hype. But after watching $50,000 vanish from my account, I realized something important — I was ignoring pure price action.
🔍 What Finally Opened My Eyes?
🔹 Bullish Rejection at Support:
Price drops to a strong support zone → a bullish engulfing candle forms → wick rejection shows buyers stepping in → I don’t buy the fear, I buy the confirmation.
🔹 Bearish Rejection at Resistance:
Price rallies into resistance → a rejection candle like a shooting star appears → sellers take control → I don’t fall for the hype, I short the failure.
📈 What Did I Gain?
✅ More confident and clear entries
✅ Higher win rate
✅ No more overtrading
✅ A strategy based on real market behavior
> Indicators are always late. News creates noise.
But price action never lies.
Learn to read the chart. Understand the rejections. Trade with precision.
If this feels relatable, share it — someone else out there might need this insight today.
— Binance Square Traders Club
#MyCOSTrade #TrumpVsMusk #MarketPullback #CircleIPO #CUDISBinanceTGE
