Price now seems to be forming a bullish symmetrical triangle unlike my previous analysis where I looked at the structure to complete the market cycle which is impulse-correction-impulse. If price forms the bullish symmetrical triangle, it might be for a short term buy before the bears gain total control of the market.
My sentiments would be for the bears because i am after my risk reward ratio. Let us see how market direction reacts to this.
My sentiments would be for the bears because i am after my risk reward ratio. Let us see how market direction reacts to this.