PLAN:
I am waiting for a retest to the 154.00 support zone, and after a rejection to the bullish side, and the market create a bullish structure, and we can take the buy trades in the long term.
2022.02.25 Friday plan
I am looking to take buy position in the next week, because the LTF bearish structure have broken and an overall support have created by the buyers. On the HTF the market is bullish, but we are in a big RANGE, so we have to be patient and conscious.
PLAN/identify:
- open buy position
- waiting for the fake out
- creating support (156.00-155.80 zone)
- rejection
- create and complete the bullish trend
POTENTIAL BUYS:
- 155.80
- 156.00
- 156.50
- 157.00
- 157.50
- 158.00
TERV/felismerés:
- money setup
- creating a bullish trend
- resistance becomes support
- new higher high in the market
- patience in the break outs
- of course if the market break the bullish structure, we have to improve to the sell side