{quote} I very much agree with you. That's what fractal is. In a downturn, a larger uptrend is formed and In a uptrun, a larger downtrend is formed at different times;And at one point the game changes again.You can be both a seller and a buyer. And both sides are right.The most important issue is how much profit you want to get from both sides.fractal is about change time
free tacos and cheers to you for that! My first instinct about your use of the word wasn't as far off as I thought after all! Thanks for sharing that bridge! Many ways to diversify responsibly indeed... And again, a lot of work, but in my experience, well worth it. P.S your English is perfect to me !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
My language will be great one day
... Now back in full force ! All the best with your trades mate !
!
From a weekly perspective we are at a very crucial level with the 61.8% fib retrace at 1.24939 of the year and some up trend from March 2020 to June 2021. So far, price stopped just short of 1.25000 and I suspect another push down towards 1.24939 where I could look for more buy trades. The reason I am taking this buy trade is that weekly reversals tend to occur on Wednesday's/Thursday's. I could be wrong and it is always advisable to wait for proper consolidation and confirmation before...
However, we do not trade what we think will happen, we react to the Market maker's hand. He shows us something, we react. Green pips to all
