Wait for the trigger. Do not pre-empt the breakout. The market is currently consolidating and chopping. The 1% move becomes "almost 100% certain" (in trading terms, meaning highest probability) only once one of these channel boundaries breaks on high volume.
Monitor Open Interest and Funding Rates as the move begins. A sharp drop on the short entry or a significant rise on the long entry will confirm the leveraged market is participating in the move.
Monitor Open Interest and Funding Rates as the move begins. A sharp drop on the short entry or a significant rise on the long entry will confirm the leveraged market is participating in the move.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.