GJ
A = BMS/ break out
B = RT/ retest of break out.
Price hold to that level
C = add position as price hold and expect to bounce ( as price rejected at "B")
D = FO/ Fake out
Price went down taking out all buy limit ( stop loss order) and weak holder.
It resume back to the original upward momentum after the manipulation move
E = Double top, expected price to halt and pull back.
From this point price may pull back a bit ( London) before continue up, or
Pull back , making a whipsaw engulfing pattern, and goes down to the next Support Level.
For next trade wait for price action confirmation to enter.
A = BMS/ break out
B = RT/ retest of break out.
Price hold to that level
C = add position as price hold and expect to bounce ( as price rejected at "B")
D = FO/ Fake out
Price went down taking out all buy limit ( stop loss order) and weak holder.
It resume back to the original upward momentum after the manipulation move
E = Double top, expected price to halt and pull back.
From this point price may pull back a bit ( London) before continue up, or
Pull back , making a whipsaw engulfing pattern, and goes down to the next Support Level.
For next trade wait for price action confirmation to enter.
I come from the future.
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