What i see coming is sells in the market/pair.
So i see that the market broke out the structure and went to break the previous low and came back to retest the previous high as the confirmation for reversals. Of buys to sells.
Now this is how i will entry. If my two criteria's are met.
1. I see that the market is ascending to the upside(previous high) and in a corrective manner. at the third touch of that structure i will place my sells.(Risk entry)
2. I will wait for the market to break out that structure and move to break the previous low and come back to restest the previous high and that will be a confirmed sell entry for me( Reduced Risk entry)
You can use the levels as short targets for your TP.
Please share your thoughts on this post
Let's do the most!
So i see that the market broke out the structure and went to break the previous low and came back to retest the previous high as the confirmation for reversals. Of buys to sells.
Now this is how i will entry. If my two criteria's are met.
1. I see that the market is ascending to the upside(previous high) and in a corrective manner. at the third touch of that structure i will place my sells.(Risk entry)
2. I will wait for the market to break out that structure and move to break the previous low and come back to restest the previous high and that will be a confirmed sell entry for me( Reduced Risk entry)
You can use the levels as short targets for your TP.
Please share your thoughts on this post
Let's do the most!