Long on drop reversal
Updated
Now You guys dont tell me i have not Given detail on live chart on identifying Contracting triangle in the Middle of B wave ,
this one is compressing for Next leg up move , contracting triangle are very nasty they brake either way , so wait for daily reversal dont jump
all you have to do is wait for Reversal on daily and buy on brake of daily high or EOD (confirmation of bullish candle before market close )
This i am posting because some one was asking me he has stuck near 1100 , ( You can look to exit in profits buddy )
this one is compressing for Next leg up move , contracting triangle are very nasty they brake either way , so wait for daily reversal dont jump
all you have to do is wait for Reversal on daily and buy on brake of daily high or EOD (confirmation of bullish candle before market close )
This i am posting because some one was asking me he has stuck near 1100 , ( You can look to exit in profits buddy )
Note
Yes it has fallen , Monday you can look for reversal on dailyNote
and here again , wait for today close , and its about to reverseNote
today it has Made DOJI , tomorrow brake of today high i am looking to Go long ,Note
its dollar , which is driving this , if i dont see any buy set up , i am not in trade , but for sure i am not interested in selling this at this lowOrder cancelled
Now we dont expect any upside move because its out of the structure
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