What if price close below the silver box. hope the price will retest the box and then rally to blue box to complete QM figure. so when the price touches the blue box i will buy. hoping the price to goes up. "
What if the price goes up, reaching the zone of sellers am expecting the reversal of the trend, if it touches' seller zone, am going to sell, but i will wait till i sow the perfect indication/signal for down trend.
If the price falls to the indicated zone, am expecting the outlook will be bullish.
When the price touches the buyer's zone, the trend will change and move upward; but, when it reaches the sell zone, I anticipate that the trend will reverse and begin to decline.
So when the price drop down to the zone of buyer at the point c, i will expecting the trend to goes up.
expecting bullish, it has aready touch the zone of buyers, so i beleave it will goes up now.
Expecting short bullish; if price the price drop to the zone of buyer,
Expecting short bullish; after touching the buyer zone trend will goes upward for short,
if price keep dropping, am going to put pending "buy" order in the buyer zone.
the price is still dropping, but expecting the trend to turn and start going up after touching the zone of buyers.
Expecting down drop after tourching the sell zone, waiting for breack out and retest
It's a trap because, the market break this zone and close below it, so most retail trader will sell because of the breakout of the zone. so they will wait for retesting then get on board and trapped.