The market created a Indication of downside move, I'm looking forward to this play
I'll be anticipating Short seeing that we're printed an Indication of Downside direction
Seeing a very clear Impulse as our 1st phase then being followed by a 2nd phase as our correction I'm now looking for the 3rd phase as an Impulse to the downside.
We're having the structure indicting the continuation to the down side which means the market is still having the momentum to the downside, I'll be looking for the flag in lower timeframe indicating the downside movement.
We're having an Expanding structure within a Descending structure they both indicate the same direction which is the upside direction. Having structures indicating the same direction add more value in direction that is to be anticipated. Know your entry confirmation and ride the Impulse to the upside.
We're having the Outside Structure as the descending Structure Indicating the Upside Momentum. We're at the Area of Value, I'll be looking for Long Positioning. Confirmations will play a huge role, Knowing your Confirmation makes it easy for you to know the turning point of the market keeping it in mind that it's a game of Probabilities vs Possibilities.
We're having the Descending structure at the lower point which creates a double bottom, I'm currently looking for the upside movement that the market might present. Having a double bottom add to my confluence of taking the trade at the highly valued area.
We might be having the double bottom before we shoot to the upside. EURUSD Is one of my top listed pairs for the week. It is shaping very great, I'm looking forward to the market movement
We're at the valued area of the market. As we're at the valued area, I'll be looking for an indication to the downside movement such as the Bearish flag as my bias are on Bears
The might might not shoot to the downside before giving out the 3rd touch on the bigger structure because lower time frames might be over written by higher time frames, If the market anticipate the 3rd touch, I'll be looking Reversal structure and the continuation on the lower time frame confirming the direction of higher time frames
We are having the Structure that indicates the downside movement, I'll be targeting the lower point. Entry point will be taken after the market print out the 15 mins structure indicating the downside movement too.
If we break the Structure Impulsively, I'll be waiting for the Structure that indicates the downside movement
We might be getting the Structure that still indicate the upside direction because we are now in an impulsive move. So wait for the Structure to develop so we'll get more confluence on the market movement