Hello my friends and welcome to my blog!

Why Libry never was in uptrend!

I will talk about more than my projection of Libry what is the reason behind Libry never was in uptrend,

well the reason is the most important part in tranding, "the market structure", yes the structure,

years ago the person who taught me trading gave me special atention to this part

because for you as a trader you have to know where is the market trend and if you do not know

you are aming everywhere, the MM, the people who is behind the market know that simple traders do not know

structure so they uses this places to make traps because it is them bussiness, I will give you this example.

Well as you can see in the example I was waiting a break of structure, insted of that the MM made a new high,

what is the psicology about this movement?, it is simple, the people think that the market is in uptrend

and they buy, suddently with a fast movent the MM change the speed and continue the downtrend.

First you need to know is that based in the structure we are in downtrend and till the last Lower high will not

break above we cannot think in look for a buy.

As you can see we can prevent to fall in this false breakouts just knowing the structure.

If you want to see more I have a small channel in Libry so you can subscribe.

I follow also the Tron, and I think it has a good future.

https://open.lbry.com/@Metalandtrading!!:b?r=4gHMLkHzD9JAv1TdFKXHApVJK3fztDpb

Hope you like it see you soon!