Dislikedif you remember fti always repeats, trade with the trend, do not go against it. if you look at the chart, i would sell at highs in square box, i would make good profit or at least exit at BE. also you have to notice the hh hl, that must ring a bell. and triangle confirms reversal. now its midterm uptrend. from there you already must be buying low at hourly TFs. yes, you are right we take position and see if we were wrong or right and then increase or decrease positions accordingly. but if all TFs down you dont buy and if up you dont sell.Ignored
do you have robust mm to compliment the mindset?
yes selling highs into an abc is good strategy , trend then is still down
a triangle is a continuation pattern
the triangle breaking out confirmed continuation of up push which reverses the down trend.
out of the box where you highlighted you should be buying lows with a robust mm plan.
and since is leg 1 of turn your mm should be an aggressive plan.
as the trend comes into ripeness, so should your mm.
regards