Entering a trade is easy, but knowing when to exit is what defines a skilled trader. Without a clear exit strategy, traders often hold onto losing positions or exit too soon out of fear. Setting predefined take-profit and stop-loss levels ensures discipline. AI-driven insights from #OpenfabricAI help identify the best exit points based on market conditions. A planned exit is just as important as a smart entry.
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GoingWithTheFlowBrings
· 2025-01-23 00:20
It's 8:11 now, let's take a look at today's market. First, let's look at the daily candlestick. Yesterday, it closed with a Bearish line, the color is red, standing above the moving average. In the one-hour chart, the color is green, breaking below the moving average, indicating a bearish trend for the day. In the 15-minute chart, the color is green, below the moving average, with no signs of change. What do you think? Tell me your thoughts in the comments section?
Entering a trade is easy, but knowing when to exit is what defines a skilled trader. Without a clear exit strategy, traders often hold onto losing positions or exit too soon out of fear. Setting predefined take-profit and stop-loss levels ensures discipline. AI-driven insights from #OpenfabricAI help identify the best exit points based on market conditions. A planned exit is just as important as a smart entry.
#OFN #OpenfabricAI #ExitStrategies #ETH #BTC