No short squeeze is the same
But they all follow a similar pattern
Here's what it is:
I'll be breaking down this pattern so you can identify how to get in
But they all follow a similar pattern
Here's what it is:
I'll be breaking down this pattern so you can identify how to get in
Shorts are adding to their position, but buyers are stronger
They are buying every dip, picking up as many shares as they can
Shorts get nervous and hold
Since they are still adding on pops, they have a good average and aren't in the loss yet
They are buying every dip, picking up as many shares as they can
Shorts get nervous and hold
Since they are still adding on pops, they have a good average and aren't in the loss yet
So when would you want to get in on this kind of move?
Ideally during the "grind" phase
It offers the best R/R and happens at a point where it's relatively easy to recognize
Let's take a look at some examples:
Ideally during the "grind" phase
It offers the best R/R and happens at a point where it's relatively easy to recognize
Let's take a look at some examples:
Here's #Bitcoin monthly chart
This is the exact setup I used to make money on $RIOT from the original tweet
It's the exact same setup
This is the exact setup I used to make money on $RIOT from the original tweet
It's the exact same setup
This setup happens in all markets
If you can identify what is happening, you'll be able to take advantage of the opportunity.
If you can identify what is happening, you'll be able to take advantage of the opportunity.
If you found this helpful, feel free to leave a like + RT the original tweet so others can learn too
Iβm writing a thread everyday in June π
So follow me @FT__Trading if youβre interested in trading strategies and psychology
Iβm writing a thread everyday in June π
So follow me @FT__Trading if youβre interested in trading strategies and psychology
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