when i came into trading the basic thing i was taught by many books or rather many online youtube videos is market structure which i still use till this day and its amazing to see the chart everytime using the same structure and it keeps me from being soo focused on the what will happen rather focus on what is happening now
on this daily time frame we can see a strong downtrend and i am looking to catch a down movement once the price in the ellipse is reached and a bearish candle confirms the trade,using proper risk manangement scalp
go to the 4 hour time frame and watch this play out enter the trade at the revearsal ,because the market is going to be bearish ,for swing traders look for selling opportunities at reversals
