check this chart
https://www.tradingview.com/x/WD4Gu5iR/as u can see xrp was on a rally and then start to go down
my problem with trading is that i tend to trade against the trend
as u can see the overall trend is bullish as the daily chart is still in an uptrend
but it look like it can go lower from here
my question is, if i want to be a daytrader, wich trend should i go for?
i like to trade in the 4hr, i dont use indicator since they use past price as their calculation, i trade pure price action
in that chart for example i would go long if u ask me, since its been bullish for the past 20 days, i would wait for it to hit a support then wait for a good entry, its what i have been doing latetly without luck, dont get me wrong im profitable since my risk management allow me to lose like 3 or 4 trades and make it up in just one trade, but almost all time i have to hit 3 or 4 lose before getting it right
