Hey guys, so a week has passed from my previous post of analysis and things so far are going great, steady but great. Still keeping my previous analysis in place now I head into the 4H to have a closer look as we have a long term vision already.
As you can see, we have formed a new trend on 4H marked by the yellow dots creating highs and lower highs at different levels, I'm expecting this trend to continue for another couple of days due to the main analysis we did on weekly and daily chart(check previous post).
Trading tip: Wait for new lower low to create before entering if you want to trade retracing buys.
If you want to trade the bearish trend, wait for a new lower high to form.
Always remember there is more stability in trading the trend.
As you can see, we have formed a new trend on 4H marked by the yellow dots creating highs and lower highs at different levels, I'm expecting this trend to continue for another couple of days due to the main analysis we did on weekly and daily chart(check previous post).
Trading tip: Wait for new lower low to create before entering if you want to trade retracing buys.
If you want to trade the bearish trend, wait for a new lower high to form.
Always remember there is more stability in trading the trend.