TRADING GUIDELINES.
1. Identify trend direction from monthly, weekly, or daily
2. Scale down to lower timeframes for proper entries
3. Look for such patterns
4. Don't expect the market to play out as above, your lines are your limits, not the limits of the market.
5. The diagram is a road map, the market will deviate after getting enough liquidity but it will follow the trend afterward.
6. Be fluid enough to adjust to the current market conditions. Don't fight it.
7. Have defined risk management and enjoy trading 😉
1. Identify trend direction from monthly, weekly, or daily
2. Scale down to lower timeframes for proper entries
3. Look for such patterns
4. Don't expect the market to play out as above, your lines are your limits, not the limits of the market.
5. The diagram is a road map, the market will deviate after getting enough liquidity but it will follow the trend afterward.
6. Be fluid enough to adjust to the current market conditions. Don't fight it.
7. Have defined risk management and enjoy trading 😉