Dear Traders,
We are at the trend line. Do we break up or does it hold to go down?
Nobody knows and I don't know even though an idea is posted!!
Tell you what why don't you let price tell you?
WAIT for it to tell you the answer with atleast 2-3 confluences and THEN enter? This way you are not GAMBLING and going with the market.
RIGHT now is anybody's guess just have both sides planned and WAIT for your answer SIMPLE.
It's like fishing... to be a professional trader you have to learn to wait for price action to tell you the story and know how to read candlesticks in smaller timeframe.
Smaller time frame will tell you what is going on on the inside of that Daily or 4HR candle.
Note it will get very trappy here so PATIENCE will definitely reward.
Good Luck!!
We are at the trend line. Do we break up or does it hold to go down?
Nobody knows and I don't know even though an idea is posted!!
Tell you what why don't you let price tell you?
WAIT for it to tell you the answer with atleast 2-3 confluences and THEN enter? This way you are not GAMBLING and going with the market.
RIGHT now is anybody's guess just have both sides planned and WAIT for your answer SIMPLE.
It's like fishing... to be a professional trader you have to learn to wait for price action to tell you the story and know how to read candlesticks in smaller timeframe.
Smaller time frame will tell you what is going on on the inside of that Daily or 4HR candle.
Note it will get very trappy here so PATIENCE will definitely reward.
Good Luck!!