For those of you who don't any idea what strategy I trade, i'm gonna tell you....My strategy is based around understanding the behaviours of corrective patterns in wave analysis and being able to predict the direction of movement, on a lower time frame I break it down to contraction and expansion and if you understand that then you will see from my last analysis, there was always a chance that the market will break upside first, creating what I call the "trap" before reversing in the other direction but some people saw that trap as my analysis being wrong!! OK
Anyway, enough rant, let's get back to the current post. We are currently in a corrective structure and I think we will break to the downside because the corrective structure is preceded by a impulse leg and if you look at the first box we will see the opposite scenario, we had a impulse leg followed by a corrective structure which breaks to the upside. The market will likely crawl up some more and the bigger the correction the bigger the drop that's coming so i'm not worried if it keeps correcting for the next couple days because we will get the drop .
For those who are wise, they will learn something from my analysis and I really hope you do. For those who keep supporting with their kind and positive comment, I appreciate you taking the time to do that and for those of you who just feel like trolling and criticising with no facts, I pray that God will inspire you with some knowledge.
SORRY FOR UPDATING SO SOON, I NEVER WANT TO TAKE UP TOO MUCH SPACE ON TRADINGVIEW BECAUSE I WANT OTHER PEOPLES IDEAS TO BE SHOWN AS WELL! BECUASE EVERYONE WHO PUTS THE EFFORT INTO CREATING SOMETHING THAT CAN BE USEFUL TO OTHER TRADERS DESERVES SOME RECOGNITION.