Hello Traders
If the B is an expanding flat, the previous low shouldn't be broken. That's why I took a long trade from the bottom but it was a risky entry. That's why I risked only 0.25%. After that, it bounced back. So we can have a reversal impulse, and now, a correction is in the making. When I see a complete regular flat, I'll place a pending order over the last top.
Trade with care.
Bulent
If the B is an expanding flat, the previous low shouldn't be broken. That's why I took a long trade from the bottom but it was a risky entry. That's why I risked only 0.25%. After that, it bounced back. So we can have a reversal impulse, and now, a correction is in the making. When I see a complete regular flat, I'll place a pending order over the last top.
Trade with care.
Bulent
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.