Here's what a Plan Is for preparing an entry psychologically
This is what i will do; should the market follow my plan, then i will take that SELL.
Reasons:
1. Fibonacci zone: The market is making a correction of the bearish structure, and i have used Fibonacci to scale and see where exactly the market is more likely to turn/ make a correction destination. For the correction destination, we use Fibonacci Retracement as you can see, Fib 0.50 - 0.61
2. There's a bullish structure here as you can see the market is pinning on the Supporting zone.
3. The market is not done with the bearish move. As this correction stand, the market is on the continuation pattern and will fall going for a Fibonacci zone of the whole Bullish movement measured by the long key supporting trendiline as you can see.
I hope it makes sense...if you wish to engage for further claristy, feel free to shoot any questions, i am available. But remember, THIS IS A PLAN, should the market follow my tracks, then i win!
Lastly, please help support my channel to grow and reach more audience so we can learn from each other...
Cheers
#Absolute trading
Reasons:
1. Fibonacci zone: The market is making a correction of the bearish structure, and i have used Fibonacci to scale and see where exactly the market is more likely to turn/ make a correction destination. For the correction destination, we use Fibonacci Retracement as you can see, Fib 0.50 - 0.61
2. There's a bullish structure here as you can see the market is pinning on the Supporting zone.
3. The market is not done with the bearish move. As this correction stand, the market is on the continuation pattern and will fall going for a Fibonacci zone of the whole Bullish movement measured by the long key supporting trendiline as you can see.
I hope it makes sense...if you wish to engage for further claristy, feel free to shoot any questions, i am available. But remember, THIS IS A PLAN, should the market follow my tracks, then i win!
Lastly, please help support my channel to grow and reach more audience so we can learn from each other...
Cheers
#Absolute trading
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