First, identify the environment: Are we in an uptrend, downtrend, or a range? Right now, we’re ranging between $65,000–$72,000. In a range: • Short the range high • Long the range low • Do nothing in the middle The middle is the chop zone. That’s where traders get liquidated. Patience is the edge. Wait. Let price come to your level. Then execute with a plan.
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You don’t need to overcomplicate trading.
First, identify the environment:
Are we in an uptrend, downtrend, or a range?
Right now, we’re ranging between $65,000–$72,000.
In a range:
• Short the range high
• Long the range low
• Do nothing in the middle
The middle is the chop zone. That’s where traders get liquidated.
Patience is the edge.
Wait. Let price come to your level.
Then execute with a plan.