Market condition uptrend.
I add a second scenario because the market did not reach 38.2 of the fib.
If the market does not reach at least 38.2 the analysis is invalid.
Market condition downtrend.
As you can see the market did manipulation before the fall.
When this happens is because they want to collect stops before going down.
After that the market made a pause and go strong.
Market condition uptrend.
The market made a HH after it broke structure.
Now we know that we are in uptrend.
I am waiting the next movement with price action in a FIB level, emas or in support area.
This is my risk reward you can used as an example when you want to create your trading plan.
Remember that you need to have a proven technique, trading plan, risk reward, knowledge, psycology, etc.
This is not a game or a hobby it is a serious work.
Market condition uptrend.
The marked made a HH and as always I am waiting the HL.
To be a HL valid it has to break al least 38.2 of the fib with the candles not the wick.