Australia vs. Japan
Updated
Right here, we do have a long entry. BUT this one is a bit sketchy, so we should use a smaller position.
In the bigger picture, we just finished a Sequence the second time, and so we activated an even bigger sequence, which now could retrace into its B-C Correction level.
All in all, its a bit complicated, but could work. Me personally, I will take a trade, but with minimal risk.
Happy Trading!
PS I will wait for some structure in the M30 to time my entry. I want a small sequence to form. If that does not happen, I will not enter a trade!
In the bigger picture, we just finished a Sequence the second time, and so we activated an even bigger sequence, which now could retrace into its B-C Correction level.
All in all, its a bit complicated, but could work. Me personally, I will take a trade, but with minimal risk.
Happy Trading!
PS I will wait for some structure in the M30 to time my entry. I want a small sequence to form. If that does not happen, I will not enter a trade!
Note
On its way to the target, lets see if it will be hit!
Free Trading Education:
discord.gg/EQmck5aU
discord.gg/EQmck5aU
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.