Yesterday, I was thinking bearish
and had a valid opportunity to go short, a Gartley pattern
. I posted the idea, but had to cancelled my orders due to non-farm payrolls, and after the fireworks, the Gartley
was already invalid. However, we now broke structure to the upside, making a cycle bottom. We must remember that we are still bullish
on the big picture, and that we are sitting on the . 786 retracement
of the last daily swing. We could have gone lower and still be bullish
but we made a higher high higher close. The market gave us an opportunity to go long. We are now waiting for the Cypher
to get triggered.
Follow the plan!