we have two scenario
first : take the correction wave by go long now and out after creating lower high (LH) in red arrows or between fibo level (50:61) and then out
second: wait for end of correction wave and creating lower high (LH) in red arrows or between fibo levels (50:61) and then go short and take any targets
i personally take low size trade for first scenario and double size lot for second scenario
- General Trend is Down
- we have Change of Character so trend will be reverse direction from up to down trend
Have Fun :)
first : take the correction wave by go long now and out after creating lower high (LH) in red arrows or between fibo level (50:61) and then out
second: wait for end of correction wave and creating lower high (LH) in red arrows or between fibo levels (50:61) and then go short and take any targets
i personally take low size trade for first scenario and double size lot for second scenario
- General Trend is Down
- we have Change of Character so trend will be reverse direction from up to down trend
Have Fun :)