It was a sneaky break out from the smaller range today but we still have to deal with the bigger range. We can either go back into the small range or break out from the bigger range to the downside. When there's uncertainty then traders prefer to sell. Define the uncertainty for me and I'll be your best buddy.
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So when I have a "line of control" on my charts and it gets broken, you don't hesitate to give up you position. Control is survival. Let's all be clear on that.
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I based all my decisions today on the best intel I could get. I did not see the drop. It was not in the volume that I typically rely on. I need to work it out in my tactical game.
So according to this fib grid (which does line up with the price action) we're at a major level. This is very good. We should see a pretty clear choice of direction from here. I'll post a trade set chart over the weekend. We have to exploit this situation.
I stopped watching and reading the news a few moths ago. I want to stay in a good mood, healthy, and alive. If the bad times come I'll be in a good shape to deal with it.
youtube.com/watch?v=v0uSOjnRm3U
youtube.com/watch?v=v0uSOjnRm3U