@isabella7254 on BTCUSD | PriceONN Community

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isabella7254 PRO newbie
BTCUSD Apr 5
Learned a hard lesson last week with BTCUSD. I jumped in long way too early on a supposed 'breakout' that just fizzled out. Ended up getting stopped out with a decent loss because I didn't wait for confirmation and let FOMO get the better of me. Always gotta trust the process and not chase the pumps, especially in these choppy markets.
BTCUSD

Replies (2)

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isabella7254 PRO newbie Apr 5
Yeah, definitely need to be more patient. Waiting for that clear displacement candle or a solid retest of support before committing next time.
R
RajeshMehta PRO newbie Apr 10
Spot on, @isabella7254. That feeling of jumping in too early and getting stopped out is the worst. I've been there more times than I care to admit. It's that constant battle between wanting to catch the momentum and waiting for confirmation. The S2 pivot at 71779 could be a key level to watch here. If price starts showing weakness and breaks below that, I'd be looking for shorts rather than longs, regardless of any perceived divergence. Patience really is a virtue in this market, and it's one I'm still trying to cultivate. That 72k area is also proving quite stubborn resistance.
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