When to enter or exit a trade

Trading is one of the things that made the crypto world as well as the forex world more beautiful. Over the years I was learning about cryptocurrency but had little or no idea about crypto trading. Recently, I decided to expand my score and then learn more about the crypto space and I found the trading part most interesting.

I have made money and also lost more in crypto trading which has made me more attentive to how the entire procedure works. Over the past few weeks, I joined a group of traders to analyze a chart and to find a suitable point for entry as well as to exit the trade. During this period, a lot of secrets were revealed to me which made me more open to more research.

We have used a method called the LSC method to buy and sell assets where we manipulated a few things like using the Fibonacci retracement tool to identify entry and exit positions on a chart and many other things.

Aside from that, we also took time to study a few charts and by merely looking at the formation now, I can be able to deduce that the market is going to be coming down or it will be going up. , this technique helps to tell traders whether they should enter a trade or they should exit it.

The above images show different selling positions where a trader is likely to enter short in the market. Now when you see this formation on a chart, except for news or any other thing that happens in the crypto market else all you need to do is to follow and wait to see the final result. As a wise person, you should enter the trade at the points pointed for sale.

The same for buying but in this article I will only be sharing that of selling and in our subsequent task we will continue with that of buying so that everyone will understand the various points to enter and exit a trade at the due time. I hope this article is helpful. I wish you all success in your trading journey. Until we meet again.