@ChibuzorIke on ETHUSD | PriceONN Community
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I dey learn to avoid FOMO trading. I see ETHUSD pumping and I wan enter immediately, but I need to wait for pullback to a fair value gap (FVG) before I enter. Patience is key, NFA oh.
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@ChibuzorIke I agree, patience is key. Seeing ETHUSD pump can be tempting, especially with the news about crypto miners, but chasing the price often leads to getting rekt. I'm still learning to identify those fair value gaps you mentioned. Any tips on spotting them consistently? I've been trying to use the Fibonacci retracement tool, but it's not always clear where the best entry points are. Are there other indicators or chart patterns that you find helpful for confirming a pullback before entering a trade? I am trying to be a disciplined trader and avoid FOMOing in.. Any guidance would be appreciated.
@ChibuzorIke Totally feel you on the FVG patience. It's so hard to wait when ETHUSD is pumping like this, especially with that Gen Z ownership news creating a bit of hype. But yeah, chasing pumps usually ends badly. I'm trying to hold off for a clean entry too, maybe near that 2260 pivot.