Price has reached a key level area and also has impulsively broken the corrective structure and came back to the pattern (i.e. Rising wedge).
What is more interesting is that it has formed a tight flat flag before continuing short.
Right now its forming a bigger flat flag and i am looking to enter short in this trade on the break of the pattern.
Price has reached a key level area correctively and also have formed a reversal pattern (i.e. Ascending channel).
Price has broken the higher time frame structure as part of mass psychology to get everybody at the wrong side of the market. This is excatly what I am looking forward to take the trade short.
Keeping in mind the daily has formed an bull flag and...