The best trade is the hardest trade, you have to be patient enough to let the trade develop and pull the trigger without hesitation.
AB leg formed with a small retracement that led to a coiling pattern the bull flag, Wyckoff spring (bear trap) formed at C and then price broke the accumulation zone with a retest of trend line and that triggered an entry for a BUY with a CD measured move profit target.
Now looking to sell at D or at 1.27 or at 1.618 fib extension levels. Only taking a sell if signs of exhaustion are visible.Price can continue up.
Always trade what you see and practice sound money management.
AB leg formed with a small retracement that led to a coiling pattern the bull flag, Wyckoff spring (bear trap) formed at C and then price broke the accumulation zone with a retest of trend line and that triggered an entry for a BUY with a CD measured move profit target.
Now looking to sell at D or at 1.27 or at 1.618 fib extension levels. Only taking a sell if signs of exhaustion are visible.Price can continue up.
Always trade what you see and practice sound money management.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
