ilmscore | Prediction Details
"my stop loss is right here and I'm going to explain why you always want your stop loss to be at a place where you know you're wrong so in this case why is my stop loss right below this swing low well the reason is that I know right now I have a good chance of a breakout happening because prices are making higher lows if that does not continue to be the case then the chances of a successful breakout go down dramatically so if we get a lower low than this low the chances of this breakout happening that I'm looking forward to the chances of the breakout I've predicted coming true go down dramatically if we get a lower low for that reason I'm telling my broker get me out of the trade right here"
By The Trading Channel (The Trading Channel) | April 5, 2023 | Pending
From video
This Could Be The Bitcoin Trade Of The Year… 00:06:59 - 00:07:44
Interpreted Prediction
The speaker's stop-loss for Bitcoin is placed below a swing low, signifying a point where the expectation of a breakout based on higher lows is invalidated.

Prediction Details

Ticker
BTC
Initial Price
28,182.4 USD

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.