UnknownUnicorn22383955

UnknownUnicorn22383955

My apologies about the previous post.... i was wrong the trend in the short term was clearly downwards and needed to exhaust before a continuation or reversal to the upside...

UnknownUnicorn22383955

Sometimes you need to take a break sit back allow the trade to come to you and just relax.

UnknownUnicorn22383955

I'm long this baby by it needs to cool off or exhaust first before another push up. Hence it's consolidate and rejecting atm. not enough strength nor is there momentum.

UnknownUnicorn22383955

I thought i had posted this i waited for small retest before entry. Just got alerted on a small break of structure.

UnknownUnicorn22383955

sorry guys i forgot to post this beast. Following the trend we have some more downside remaining...

UnknownUnicorn22383955

Now, there is no one strategy that is the "holy grail of strategies". However, with certain practices you have a higher rate of profitability. 1. Notice the trend " down trend, in this case " 2. Identify key area/areas. 3. Define target/s and stop area. 4. Wait for confirmations of your biases. This chart for me personally i'll be trading on a retest...

UnknownUnicorn22383955

This is an updated version of my previous post. Please note key levels wait for confirmation and make money. Don't rush it let the trade come to you. You have nothing but time.

UnknownUnicorn22383955

Let's hear the chart. let her speak. I do understand, that the bounce retested the rising support for the second time. However it's just a ploy don't fall for it.

UnknownUnicorn22383955

Now let's talk about this beauty, i take trends very seriously. However, a break of such is one of my favorites and how could I turn a blind eye on this babe? First, let's take note of the quad top, denoting the lack of strength to breakout to the upside and continue with it's multiple week long trend. Secondly, please note the range this was trading in and how...

UnknownUnicorn22383955

Beautiful Chart. Please note that by tradition a descending triangle is bearish. Wrong, the context (point in chart) should never be overlooked. In that, if it's at a top it should be traded with extreme prejudice for going short and at bottom of a trend the opposite . Furthermore, even at bottom sometimes they fail. Now this chart is showing strength with...