this corrective pattern is about to end and expecting another wave to upside is coming soon.
this trade is based on previous analysis which is linked in "related ideas"
if price break out of trend to the downside, i don't interested in sell setup until i see a correction and reasonable R/R; but keep in mind break out of trend line is not about only one candle below trend line, it's about break below and a correction after the break, because it's completely possible for few candles to break below, bounce and reverse to upside as i anticipated.
this trade is based on previous analysis which is linked in "related ideas"
if price break out of trend to the downside, i don't interested in sell setup until i see a correction and reasonable R/R; but keep in mind break out of trend line is not about only one candle below trend line, it's about break below and a correction after the break, because it's completely possible for few candles to break below, bounce and reverse to upside as i anticipated.
Comment:
still looking for buy setup; its just continuing deeper correction
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