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Santa Paul
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Santa Paul
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#bitcoin IS RIPPING ๐๐๐ $BTC
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#MarketPullback $ETH #Ethereum 2018โ2021 vs 2022โ2025 Same structure. Same accumulation. Same breakout setup. If history repeats, $ETH is about to go parabolic ๐๐ $ETH
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#TrumpVsMusk JUST IN: ๐ช๐บ European Union Spokesperson says Elon Musk is welcome in Europe.
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#MarketPullback and the cycle continues
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I Lost $50K Before I Learned This Strategy If youโve ever felt the sting of a losing trade, trust meโyouโre not alone. There was a time I watched $50,000 evaporate from my trading account. Every trade I placed felt like a gamble. I chased indicators, followed hype, and got burned over and over. I was trading blindlyโuntil I discovered the power of Price Action Rejections. The Wake-Up Call The turning point for me was realizing that indicators were lagging, news was noisy, and signals were often conflicting. I needed a strategy that was clear, reliable, and rooted in market psychology. Thatโs when I stumbled upon a simple, visual concept: Rejection at Key Levels using pure price action. I started studying candlestick behavior at support and resistance zones. What I found was gold. The Power of Price Action Rejections Let me break it down simply: When price approaches a key levelโlike support or resistanceโwatch what the candles do. The story they tell can give you high-probability trade setups. There are two scenarios that changed the game for me: Scenario 1: Bullish Rejection at Support Market is falling with strong bearish pressure. Price reaches a support zone. A bullish engulfing candlestick appearsโbuyers are stepping in. A wick rejection confirms the rejection of lower prices. Entry is made on bullish confirmation. As price rallies, strong bullish pressure allows you to trail your stoploss and ride the move. ๐ฏ This is where I used to panic and sell too early. Now, I wait for the confirmation and enter with confidence. Scenario 2: Bearish Rejection at Resistance Market climbs with strong bullish candles. Price hits a resistance (former support) zone. A rejection candle forms, often a shooting star. Bears begin to step in. On candlestick closure, I take the trade short. As price drops, I trail my stoploss and let the trade play out. ๐ฏ Before I knew this, I would have bought the top. Now, I short the rejection with precision. What Changed After I Mastered This? โ My win rate improved dramatically. โ My entries became more precise.
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