Markets just wrapped the day session on solid footing. The daily candle closed with good structure, which is always worth noting in our current environment. More importantly though—take a look at the yearly timeframe. It's trading in the green, and that's the kind of macro backdrop that matters when you're thinking about risk management and position sizing. When both your intraday technicals and longer-term chart alignment like this, it's usually worth paying attention to what comes next.
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wrekt_but_learning
· 6h ago
The annual line turning green is indeed something to check out
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WenMoon
· 6h ago
Are you confident when the yearly line is in the green? I'm still waiting for a pullback, haha.
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FloorSweeper
· 6h ago
nah this is exactly when paper hands start seeing green and panic selling kicks in. yearly timeframe means nothing if micro structure breaks—seen this movie too many times lol
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ImpermanentSage
· 6h ago
The yearly line is in the green... This is the real thing to watch. Even if the daily chart looks good, you also need to see if the overall environment is giving face.
Markets just wrapped the day session on solid footing. The daily candle closed with good structure, which is always worth noting in our current environment. More importantly though—take a look at the yearly timeframe. It's trading in the green, and that's the kind of macro backdrop that matters when you're thinking about risk management and position sizing. When both your intraday technicals and longer-term chart alignment like this, it's usually worth paying attention to what comes next.