I've seen a lot of people proverb "reversal na sa MCP."
And depending on a trader's perspective, this could travel truthful or false.
It may travel a reversal on the rattling brusk term, but what about
the long term?
Technically speaking, if nosotros desire to possess got a bullish reversal on
MCP, R2 as well as R1 levels on the nautical chart higher upward must travel taken out first.
And overall trends don't ever shift overnight.
I'm non bashing. I'm only tired of the people messaging me their sad
stories of how they've lost their difficult earned coin for believing
"credible" sources.
Remember FNI? The ulols possess got been calling a reversal on it since
the 2.xx levels. Halos lahat na ng hype analysis, ginamit.
Fundamentals, All kinds of technical patterns, Candlestick analysis,
Broker analysis, Kwentong Barbero Analysis,
"Reverse Chart" etc.
Where is it now?
And when the impairment has been done, they'll only grade you lot that
"you pressed that button" BS and mitt you lot all the blame.
If the instructor taught something wrong,
should the pupil shoulder all the blame?
It's amazing how gurung ulols possess got successfully brainwashed the
public as well as then they'd come upward out construct clean later on several disaster calls.
So if you're only starting out every bit a trader as well as planning to purchase MCP
because of all the "reversal" posts you're reading inwards FB groups.
Be wary.
Your metropolis of dreams mightiness terminate upward inwards the hut of nightmares.
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