ETH/USD broke strong trend line! Do you look for SHORT?
Very respected trend line has been broken and after that nice retest.
This is clear signal for short. Yes, everybody know that...after brake and retest take a trade...but in most cases this is manipulation and reason for STOPLOSS HUNTING! Don't be stupid and don't do everything what other people do! Very easy how to losse money.
What to do? Do not trade too easy setups. You have to develop a strategy with rules and follow it. You have to know how whales manipulate with markets and how to play with them. The key is make an analysis on some timeframe, but swith to lower TF and you can see what inside each candle is. After that you can be really successful.
This is clear signal for short. Yes, everybody know that...after brake and retest take a trade...but in most cases this is manipulation and reason for STOPLOSS HUNTING! Don't be stupid and don't do everything what other people do! Very easy how to losse money.
What to do? Do not trade too easy setups. You have to develop a strategy with rules and follow it. You have to know how whales manipulate with markets and how to play with them. The key is make an analysis on some timeframe, but swith to lower TF and you can see what inside each candle is. After that you can be really successful.