Confuence of AB=CD 1.618 extension & Double top FAIL
Price rallied past the ABCD extension at 1.618 with great momentum( long range bar)this top also corresponded to a double top that is visible in the 4HR chart. All indications to sell this market in my humble opinion did not pen out. I AM NOT SELLING THIS MARKET, I know what you are thinking, maybe you are right, maybe l am an idiot but l just don't know how to do it any other way.
Always trade what you see not what you think , no one knows whats going to happen next in the market. Anything can happen.
Happy trading and always practise sound money management.!
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.