24 Feb 2020 A top was found. For now.

I watched this top evolve with confidence it would continue. 7 years of trading and a great chart gives you high probability of being with the price. It has been racing to meet a top and once it was met it’s game over. This is a great lesson for new traders as these strong movements are normally supported by industry media creating a narrative that the momentum will continue. WRONG. PS I was caught by the same reversal in 2014 which cost me a lot of real money.

 

a top feb 20

Leave a Reply

Your email address will not be published. Required fields are marked *