Personally, I don't think buying into HHs is a good RR strategy in general, and I have repeated this since mid April where people were expecting $3000.
Trading big swings can be frustrating due to the number of retests. Each sub-spike is increasingly difficult for bears to survive, not because price moves much higher, but mainly because bears are adding to their shorts during the long reversal process. That makes it easier to drive them out in subsequent spikes without price needs to make notable HHs.
I could add tons of details and additional points to this post. Just make sure to stay under-leveraged, so that the devil won't be able to distract you away from healthy thinking.
Here is my humble opinion that could be wrong as well. The drop will happen fast or slow. I don't expect price to move much higher during this move.
Trading big swings can be frustrating due to the number of retests. Each sub-spike is increasingly difficult for bears to survive, not because price moves much higher, but mainly because bears are adding to their shorts during the long reversal process. That makes it easier to drive them out in subsequent spikes without price needs to make notable HHs.
I could add tons of details and additional points to this post. Just make sure to stay under-leveraged, so that the devil won't be able to distract you away from healthy thinking.
Here is my humble opinion that could be wrong as well. The drop will happen fast or slow. I don't expect price to move much higher during this move.
ma ma make me happy
https://breakpullback.com
I promise to myself 
