The market turned south on H4 from the all-time highs and the H1 target fibo 138.2.
As long as this short H4 countertrend is valid (the market is below the H4 impulse base), I'm waiting for a bearish H1 countertrend break to target again the correction fibo 23.6
The daily impulse base is in the way, so the trade has to be managed there - it may be a target or a scale-in opportunity.
Of course, I'l try to publish how I pull my trigger line as the H1 countertrend develops.
For me, long only above the highest clear breakdown (green).
———
Trading is just waiting "sometimes", but opportunities are endless, so why not wait for the right moment!🏄🏼♂️
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present.🏄🏼♂️
Your comments and support are appreciated! 👊🏼
As long as this short H4 countertrend is valid (the market is below the H4 impulse base), I'm waiting for a bearish H1 countertrend break to target again the correction fibo 23.6
The daily impulse base is in the way, so the trade has to be managed there - it may be a target or a scale-in opportunity.
Of course, I'l try to publish how I pull my trigger line as the H1 countertrend develops.
For me, long only above the highest clear breakdown (green).
———
Trading is just waiting "sometimes", but opportunities are endless, so why not wait for the right moment!🏄🏼♂️
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present.🏄🏼♂️
Your comments and support are appreciated! 👊🏼
Trade chiuso: obiettivo raggiunto
Day trader capitalizing on the expansion phases of emerging trends.
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Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.