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Topic: Consolidation - page 2. (Read 177 times)

sr. member
Activity: 266
Merit: 205
November 25, 2023, 03:18:49 AM
#1
Understanding and identifying market structure is one of the major key we traders must have in other to succeed in the crypto market.

In as much as most traders claim to be experience, they are still lagging behind because they were never trained in the craft.

Not all experience traders as they claim can identify consolidation in the price chart, which to me it's a killer of our account.
Try not to be in the market when the market is consolidating, because there is a higher possibilities of you losing that trade.

It's one structure we traders look down on not knowing the danger it pose to our account,  during consolidation in a higher timeframe like 4hr is the most dangerous because it can go either way.
If we must succeed in trading it very essential we know market structure so as to know when to enter and when to exit the market.
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