Great Britain vs. Kiwis
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Right here, we do have a short Chance!
This chart built up piece by piece and offers us a relatively save short entry. All former sequences reacted just as we want to see them react, that is what gives this possible sell entry a good chance.
What if the price doesn't rise, but fall without giving us a sell entry?
-> no problem, as we can buy the price in the target area and go long! Have a look at this possible buy trade:
If you take a close look at the above chart, you'll see that the whole move started with the blue sequence. It retraced into our correction area and started a new sequence, the purple one. this purple one might now be on its way, to give us a new buy entry, and we can take this chance to participate in the down move.
This chart built up piece by piece and offers us a relatively save short entry. All former sequences reacted just as we want to see them react, that is what gives this possible sell entry a good chance.
What if the price doesn't rise, but fall without giving us a sell entry?
-> no problem, as we can buy the price in the target area and go long! Have a look at this possible buy trade:
If you take a close look at the above chart, you'll see that the whole move started with the blue sequence. It retraced into our correction area and started a new sequence, the purple one. this purple one might now be on its way, to give us a new buy entry, and we can take this chance to participate in the down move.
Nota
An absolute Beauty!
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