How to read long term short term market structure. Many time we confused with short term moves and start planning long term trades so both must be read separately.
IF GAP DOWN : IGNORE IF WEAK MOMENTUM , IF STRONG
STEP2;
LOOK FOR BREAKOUT CANDLE AND LOOK FOR R1 AND R2
IF GAP UP:
FOLLOW STEP 2
.
TAKE CALL ON YOUR OWN RISK
On the last Friday, DJI has tanked almost 2%.
after the 2008 recession, this is the first time we are observing a heavy pressure. World markets are also showing negative numbers.
no one will tell you to have a distance from the market, because they will short on your positions.
In the market, everyone wants the profits.
be aware, you will make money if you learn...
