💡The Death Cross💀💀💀

In hindsight. What would happen if you traded that pattern on $ETH last week?

If you traded it the day you spotted it, it would have immediately gone against you. And if your SL was to tight it would have wiped it.

If you were lucky to catch those 5-6 red candles you’d get around $50 difference. But it is unlikely to catch its highest high and lowest low, so it would not be 50 in a real trade.

And what sort of signal is it if you need to wait unknown number of candles before reacting to it? It is as reliable as flip of a coin 😂.

And now ETH price is exactly at the same level where it was when cross happened on 4h chart more than a week ago.

Just do your backtests. You have all the history in the charts.

Just saying 😁#quinn_tips