Market is still in consolidation between two historically relevant and very strong structure lines.
Once the market breaks, I'm expecting it to dive or rally to the nearest structure level. Either way, both trades have a very healthy risk:reward ratio.
Whatever you do, wait for the retest of the consolidation area. Do not get faked out. Wait for the retest then buy/sell after the market confirms it's breaking out.
pipcounting.wordpress.com
Once the market breaks, I'm expecting it to dive or rally to the nearest structure level. Either way, both trades have a very healthy risk:reward ratio.
Whatever you do, wait for the retest of the consolidation area. Do not get faked out. Wait for the retest then buy/sell after the market confirms it's breaking out.
pipcounting.wordpress.com