Price has formed a bigger bear flag pattern. Hence waiting for the pattern completion and would be nice if it could form a ascending channel as well inside the pattern so that it gives me double confirmation that it is expected to go short more impulsively.
Thank you to all those who have sent me private message and been following me. Hope you have understood how simple it is to trade forex with out any support/resistance lines or lagging indicators. And started to earn good profits as I have told you on what to do.
Please Note: Just knowing the direction of the next move will not help being profitable. There is a lot more to it with regards to the entry technique and successfully managing the trade after entering the trade.
Comment below / DM me in case if you need to know how to do it if interested.
Trade fechado: objetivo atingido
Price has done exactly as predicted. And gone in the direction as planned well in advance.
We should always plan our trades and not be reactive to the market and make trading decision on the spot. As this will have more chances of making mistakes.
If we have a plan then wait for the price to come to us and enter the trade.
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