Dear traders,
As seen for my previous analysis , it was correct almost to the pip. But as experienced traders we know that EVERY opportunity is unique and ANYTHING can happen, the good thing is; we DON'T need to know what will happen next to make money in the LONG TERM.
So, what did we recently had? We got a nice push rally downward, breaking short term structure, see previous low and we are looking to seize on the ' shorter' term trend also referred as the IOF. We got really nice structure as you can see, really significant, the markets leaves clues. So what are we waiting for, since structure is #1 in my tradingplan, we are looking to set us up for the highest probability trades. So I personally am waiting for price to retrace to my AOI, and giving me a reason to entry before getting myself involved in the market.
As seen for my previous analysis , it was correct almost to the pip. But as experienced traders we know that EVERY opportunity is unique and ANYTHING can happen, the good thing is; we DON'T need to know what will happen next to make money in the LONG TERM.
So, what did we recently had? We got a nice push rally downward, breaking short term structure, see previous low and we are looking to seize on the ' shorter' term trend also referred as the IOF. We got really nice structure as you can see, really significant, the markets leaves clues. So what are we waiting for, since structure is #1 in my tradingplan, we are looking to set us up for the highest probability trades. So I personally am waiting for price to retrace to my AOI, and giving me a reason to entry before getting myself involved in the market.