so on GU price still on a correction wave, and based on my analysis price is on a range forming wave b as a symmetrical triangle and due to that imma be waiting for the market to pull back to that fib level matched with a strong daily S/R zone with a clear loss of momentum on the 4h with price action candles rejecting that area and a confirmation bearish spike for the trade ahead.
after that as usual looking for a break of structure on the 1h HH/HL the break of the last swing that's my entry zone
entry on15m after e'mas crossover
SL: above previous structure
TP: previous structure
mine is 100% fib extension of wave A
PSY: follow ur trading plan
manage ur RRR
think of probabilities
be patient.
after that as usual looking for a break of structure on the 1h HH/HL the break of the last swing that's my entry zone
entry on15m after e'mas crossover
SL: above previous structure
TP: previous structure
mine is 100% fib extension of wave A
PSY: follow ur trading plan
manage ur RRR
think of probabilities
be patient.