Hello Everyone.
In my recent setup I mentioned Short opportunity and market did exactly the same and we caught nicely bearish momentum.
:: Recent chart
~ In bigger time frame there is a nice bullish Impulse and and market is followed by Bullish correction with Descending Channel.
~ Generally after bullish Impulse when there is a descending correction it validates another bullish move.
~ It seems that price has already done its corrective move and ready for new Impulse. We should watch for LTF reversal structure before entry.
In my recent setup I mentioned Short opportunity and market did exactly the same and we caught nicely bearish momentum.
:: Recent chart
~ In bigger time frame there is a nice bullish Impulse and and market is followed by Bullish correction with Descending Channel.
~ Generally after bullish Impulse when there is a descending correction it validates another bullish move.
~ It seems that price has already done its corrective move and ready for new Impulse. We should watch for LTF reversal structure before entry.
Investment and structure planning :
DM
DM