>>This zone is also stuck the
market many times if e look left, buyers try to
break the level but failed
so now we are in that zone right now
>> double top at a major zone of structure
>> we are also on a weekly pivot level of resistance 1 (R1)
which shows a good signal.
but all this means nothing without a reaction.
we need reaction to the level and
we act based on that. I am waiting for
some kind of selling pressure.
which does not mean we will be
perfect with the selling pressure the market is
sneaky and still stopping us and
continue to the uptrend that is why we have to prepare
for the second scenario which if the market break this
zone and retest the level we can buy. I will update you
never trade without stop loss
risk what you can afford to loose
enter based on your own criteria
back test before trade
market many times if e look left, buyers try to
break the level but failed
so now we are in that zone right now
>> double top at a major zone of structure
>> we are also on a weekly pivot level of resistance 1 (R1)
which shows a good signal.
but all this means nothing without a reaction.
we need reaction to the level and
we act based on that. I am waiting for
some kind of selling pressure.
which does not mean we will be
perfect with the selling pressure the market is
sneaky and still stopping us and
continue to the uptrend that is why we have to prepare
for the second scenario which if the market break this
zone and retest the level we can buy. I will update you
never trade without stop loss
risk what you can afford to loose
enter based on your own criteria
back test before trade
