Premium & Expert Swing Trades

Bitcoin continues to be uneventful since we were stopped out at 9430 earlier in the week. An inside bar to go long has appeared but has NOT triggered while price action is beginning to look more bearish. Although the lower 9K region offers attractive reward/risk and higher probability for bullish reversals, it is important to stick to the rules and not react to the erratic price fluctuations that we are currently facing. If 9350 is taken out instead, that would generate a new sell signal and negate the premise for a new swing trade long.

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2 Responses
  1. jogite64

    Hey Marc, hey Andy
    Always comforting to know you by the side.
    You always stay on the same mindset and on your line.
    I appreciate this very much.
    Thanks for that, keep up the good work.
    Jogi

    1. Marc Principato

      Hi Jogi,

      You’re welcome and I am glad you can appreciate our consistency. Many think in order to succeed in this game, you have to follow lines on a chart. It is all about mindset and mental process. Without these elements, a chart will not provide much value.

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