waiting for the wave b to finish then imma go bearish
4h confluences
looking for rejections on 0.5 fib level matched with support and resistance zone
a divergence between wave A/C of B
lose of momentum
price action rejection
a spike to the downside indicating the power of the bears
1h
break of structure
15m
ema's crossover and enter
stop lose=
above previous structure
take profit =
either previous low or 100fib EXTENTION of wave A/B
always manage ur risk to reward
think of probabilities
4h confluences
looking for rejections on 0.5 fib level matched with support and resistance zone
a divergence between wave A/C of B
lose of momentum
price action rejection
a spike to the downside indicating the power of the bears
1h
break of structure
15m
ema's crossover and enter
stop lose=
above previous structure
take profit =
either previous low or 100fib EXTENTION of wave A/B
always manage ur risk to reward
think of probabilities
Trade active
Trade closed: target reached