Shiba Inu Technical Analysis | $SHIB Price Predictions

Is Shiba Inu a good time to go long? We are looking at Shiba Inu using Fibonacci Analysis for a swing trade.

Shiba Inu has been selling to the downside. I'd like to see if there's a good place to buy more Shiba Inu.

Today, I will also share some recommendations that I gave out the last few days in the energy sector using the same Fibonacci Analysis.

Range Resources Technical Analysis | $RRC Price Prediction
https://youtu.be/4OQtNVQPtfA

Diamondback Energy Stock Technical Analysis | $FANG Price Prediction
https://youtu.be/K9vcThuzmr0

Occidental Petroleum Technical Analysis | OXY Price Prediction
https://youtu.be/5LRwtIevDvE

Valero Stock Technical Analysis | $VLO Price Prediction
https://youtu.be/X74Li2a4Ccg

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This is the Centered Trading Channel. We trade US stocks, stock Options, futures, and currencies. Each day we look at the S&P500, Nasdaq, /CL, and the Russell2000. We focus primarily on Technical Analysis, Trading Strategy, Trading Psychology, and Position Sizing.

I am a student of Fibonacci Analysis and the 3 Price Relationship as taught by Carolyn Boroden (Fibonacci Queen).

Centered Trading has a few key components in our approach.

- Composure
- Clarity
- Commitment

Trading with Composure means that I must first prepare my mind before I turn on the computer. This looks like meditation, positive affirmations, stretching, exercise, proper nutrition, breathing exercises, & listening to calming music. I must have a deep understanding that all feelings of certainty is an illusion. I must look at the markets with a probability mindset. Trading with composure is to be able to have the mindfulness to examine my current emotional states (fear, anger, revenge, shame, euphoria - all these emotions can override and take me off course). I look at the markets with a sense of wonder and curiosity.

Trading with Clarity means that I must have a trading methodology in place. The methodology must be clear, concise, and followed. I must be clear about the position sizing as I'm not trying to force myself into profits or make the markets to move in a certain way. All desires/feelings of control is an illusion.

Trading with Commitment means that I must follow through on my trading plan. I either take a small loss with the trade, ratchet up the stops as the trade goes into my favor, or take profits at appointed profit extensions.

Peter Borish - “Price Before Headlines. Discipline Before Vision. Price Before Sentiment.”

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Disclaimer: The information on this YouTube Channel and the resources available are for educational and informational purposes only.

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.

Viewers are solely responsible for how they use the information provided in this video, and for their results. Centered Trading does not guarantee the accuracy of any analysis based thereon.

#ShibaInu #SHIB #TechnicalAnalysis

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