Hi pros!
The trendlines are all real beginning to draw at every tops and bottoms as we can see, they were all respected at least 3 times to a lot more sometimes.
When I saw all this lines, I see it was really looking like a spider web! So I drawn it to test this method a few days ago,
I was verifying if the trendlines were really respected and It seems to be so let's see if the spider web pattern really works!
I think the market have a lot of prob to stay and move downside for few days or week before breaking up or down the blue and the orange lines which are the confirmation of the setup if it breaks.
Looking for opportunities on both sides
Trading plan:
-2% MM no leverage
-entering only if it breaks one of the range lines(orange or blue) and confirmation will be a candle closed above or below on H1 or H4
-moving sl to break even when profit reach 1:1
Have a nice week!
Cheers!
The trendlines are all real beginning to draw at every tops and bottoms as we can see, they were all respected at least 3 times to a lot more sometimes.
When I saw all this lines, I see it was really looking like a spider web! So I drawn it to test this method a few days ago,
I was verifying if the trendlines were really respected and It seems to be so let's see if the spider web pattern really works!
I think the market have a lot of prob to stay and move downside for few days or week before breaking up or down the blue and the orange lines which are the confirmation of the setup if it breaks.
Looking for opportunities on both sides
Trading plan:
-2% MM no leverage
-entering only if it breaks one of the range lines(orange or blue) and confirmation will be a candle closed above or below on H1 or H4
-moving sl to break even when profit reach 1:1
Have a nice week!
Cheers!
Comment:
100% of things we do not try fail - Wayne Gretzky