I am waiting for a correction to the 50% Fibonacci retracement, then there is a possibility of entering with a risk to reward ratio of three to one.
Remember that you can create many scenarios in the market. This is just one of the possibilities.
I am waiting for it because it will be a kind of entry after the correction, there will also be a retracement of our movie, and a probable conference of the trend line and clouds, which already gives us several confluences in one trade. Therefore, this trade can be nice.
That’s why I’m creating a scenario in advance to watch what the market will paint.
=> If the market goes in my direction according to this scenario, I will of course be happy and I will make a transaction.
=> If the market seeks straight up, I will not be unhappy at all, because it is simply another scenario that has drawn itself on the market.
The market always draws its own, scenarios do not always check out. However, it is worth creating scenarios to be prepared. Well, what will appear on the market, and not just wildly react to what is happening.
Planning instead of reacting.
Remember that you can create many scenarios in the market. This is just one of the possibilities.
I am waiting for it because it will be a kind of entry after the correction, there will also be a retracement of our movie, and a probable conference of the trend line and clouds, which already gives us several confluences in one trade. Therefore, this trade can be nice.
That’s why I’m creating a scenario in advance to watch what the market will paint.
=> If the market goes in my direction according to this scenario, I will of course be happy and I will make a transaction.
=> If the market seeks straight up, I will not be unhappy at all, because it is simply another scenario that has drawn itself on the market.
The market always draws its own, scenarios do not always check out. However, it is worth creating scenarios to be prepared. Well, what will appear on the market, and not just wildly react to what is happening.
Planning instead of reacting.