SELL !!!!!

ok traders here we have a sell opportunity. Risk is always present.

액티브 트레이드

코멘트:

weekly

코멘트:

daily

코멘트:

8h

코멘트:

to protect your trade always count waves on lower time frame.

코멘트:

1H

코멘트:

15m

코멘트:

going as spected. first area reached spect a pull back
15 m

코멘트:

Structure Update
15m

looks like it made 3 waves down as a WXY and now a b wave is in tha making. it can be any b wave, from a simple 3 waves to a complex one, we Will see what structure tell us.

코멘트:

5m

big picture still down side

코멘트:

1H

코멘트:

15m

Price touched box. lets see if it behaves as spected with a 5 C wave to the down.
remember.... market can do anything in terms of price movement.

코멘트:

ok for now price is holding the area.

lets see what comes

코멘트:

knowing structures gives you advantage 90% probability. only 10% wrong

코멘트:

just see how it falls :)

코멘트:

the key friends is to follow it on every time frame. if i where to sell in the 1H time frame (which i didnt cause i am long term down already) i would now be on a brake even trade.

코멘트:

all structures change as they develope so i am always ahead of what can come on terms of price movement. example. now a have a B wave finish. but B waves tend to be complex waves and can change my structure in any minute.

코멘트:

its ok to be wrong. just learn to read charts. easy? not at all!!!!. but if you study charts you learn to read them. Indicators are just tools but they tend to give lots of fake signals.

코멘트:

코멘트:

:) ok friends now what?

i am still on my trade down side. followinf the structure i saw it making an expanded flat so i decided to remove my stop.

코멘트:

structure change but down side still valid. this happens on tricky b waves. it should drop

코멘트:

no need to panic :) here comes the importance of risk management. i started my trade aware of this scenario.

코멘트:

코멘트:

daily structure hasnt change our correction turn out complex but i know what comes
so i will wait it to drop take a break even trade and will wait for the next setup to the down side

코멘트:

my 4H expanded flat will develope when it drops i will take profit and exit my daily down trade as it may do a higher leg more

코멘트:

4H update

코멘트:

코멘트:

daily structure still down

코멘트:

see what i mean. if you know structure stop loss is no problem

now i have to decide if i exit the trade on break even or still keep it :)

코멘트:

hello Friends, well let me first say that i am still in my trade.
wave X about to reach 76% retracement so i spect down side from there
www.tradingview.com/x/MMkohJV7/down side structure hasnt change yet for me

코멘트:

코멘트:

my risk management strategy allows me to remove my stop in this scenarios