Right now, the market seems decent for future trades but mostly in consolidation. And I decided to put my support and resistance strategy to work, well I got a project in mind Arena-Z A2Z
I’ve been watching the A2Z token on the 1-hour time frame today. Liquidity looks good, and I noticed a market structure shift (MSS) to the upside, so I took a position.
Nice catch on that A2Z MSS solid entry if liquidity and S/R align. In this kind of consolidating market we must be very careful too. Yes some might think trading futures is safe when the market looks good but there are some unpredictable movement that might catch us off guard. Better to always set up stop loss and take profit features.