"I would have called the upward trend of this chart back on Monday (13-1-20) and on Tuesday I immediately called that it would break the trend at the resistance to then bounce around in the marked off support and resistance zone, it would then continue to sell."
(The text provided above has been added from my trade journal)
I have not yet marked off an entry zone because the market could still do a few things before following projections made, I do have one in mind and I will therefore continue to follow this pair throughout the coming week, observing how it reacts to the support and resistance lines, the trend lines and also the fib.
(I know the Fib chart was not included but that was only because though I can clearly understand what is there, the chart may appear too cluttered for another to interpret and as such I have omitted to include the fib chart).
Let me know what you think, if you agree or disagree let me know by leaving your thoughts.
All feedback is appreciated.
Happy Trading,
TG.
(The text provided above has been added from my trade journal)
I have not yet marked off an entry zone because the market could still do a few things before following projections made, I do have one in mind and I will therefore continue to follow this pair throughout the coming week, observing how it reacts to the support and resistance lines, the trend lines and also the fib.
(I know the Fib chart was not included but that was only because though I can clearly understand what is there, the chart may appear too cluttered for another to interpret and as such I have omitted to include the fib chart).
Let me know what you think, if you agree or disagree let me know by leaving your thoughts.
All feedback is appreciated.
Happy Trading,
TG.