BTC Short Term Ranges Tighten

٣١ ديسمبر ٢٠١٨

BTC is a bit of a 4 hour equilibrium the last couple days as we continue to tighten.
There continues to be tons of fake outs so stop losses on shorter term time frames will drive you insane.
As I said in the last video, this is an extremely difficult trading environment and stocks are easier than this.
To me, that means dont trade! Wait until conditions are favorable and the odds are in my favor.
The break of the 4 hour range will shift odds on the daily as the higher low attempt is in jeopardy.
I hope everyone had a good 2018. Lots of learning experiences for newer traders, and these are lessons we can apply to any market for the rest of our lives. I am confident the weekly trend will change bullish at some point in 2019, but you better believe I am not going to try and time the bottom!