I see many traders consistently trying to fade the trend, but be careful.
In this post, I will explain the psychological problem that can arise from it.
Every time you get something that you want in life or that is pleasurable, you get positive reinforcement,
and your brain says "I want more of that stuff"
and then the brain says: "Keep doing what you are doing"...
Sell GBPJPY (educational)
"kalbotical retracement confluence 1"
1. Up Trend line broken
2. down Trend line formed
3. second leg has a strongest momentum
so possible third leg
for some kind of 1-2-3-4-5 structure )
You can catch momentu e.g with
Squeeze Momentum Indicator
4. Look left for S/R zone
5 perfect Fib level - .618
6. Kalbot RSI ...
