Some time ago, I used to make mistakes all the time: I would enter a trade, and suddenly the price would turn against me and hit my stop loss 😓.
Then I started to monitor the market more... and I noticed something important: the price always goes to areas that look attractive where we place our orders, but the truth is that the goal is just to take liquidity, nothing more. The algorithms create false supports and resistances to clear the orders, and then the price takes off 🚀.
I learned three simple steps that changed my approach:
1️⃣ First: Determine the overall direction (upward or downward).
2️⃣ Second: Don't rush, wait for the price to take liquidity from an old high or low.
3️⃣ Third: After the break, look for FVG or OB areas, and let your entry be after the price returns to these areas.
The result? ✅ I started to deal with the market calmly and patiently, and I understood that I don't have to chase the price... on the contrary, I have to let it come to me 😉.
#BinanceHODLer0G #MarketPullback #BNBBreaksATH #GoldHitsRecordHigh #BinanceHODLerBARD