Market condition downtrend.
What I want to show you is that even if the market already gave the trade we can left a limit order.
The entry was M30 in the first LH last saturday.
Anyway, is already protected with 60 pips.
I am waiting to get the TP of 4h fib.
Hello, I decided to sell all my librys and the reason is the structure.
It is not a good moment to do holding of libry.
I will share a new project that I have in mind later.
Or when I recover some decent amount to publish here.
Market condition downtrend.
Break-even on this pair.
After the HL is created ( the engulfing pattern) is better close the trade.
As you can see the market is reversing, and forget about the SL.
Market condtition uptrend.
yeah another BE.
I am not the kind of person who hide the results, sometimes the market is like this.
When this happens remember the risk reward and do not put any phychology in this.
The probability will make us win more trades.
In the cripto market we are in the same situation so be patient is the best advise.
Market condition downtrend.
Last movement down impulse.
We have to wait a new LH to continue the trend.
And price action at least in 38.2 to think in sales.
If the market keeps going down just move the fib till the end of the movement.
Market condition uptrend.
That picture is the result of the last trade sent.
The reason of the fast movement is because the market made a HL in 38.2 of fibonacci.
Sometimes it happens super fast, but the result is the same.