I believe a successful trade has 3 parts in it.
1.Trading Plan
2.Commitment
3.Execution
Here Trading Plan is support becomes resistance
Commitment is buyers exhaustion - (Buyers change to Sellers)
Execution is the part where you are fearless to click the button on confirmation :)
Possible next week bullishness, Week after next fall expected!!! Confirm before execution.
1.Trading Plan
2.Commitment
3.Execution
Here Trading Plan is support becomes resistance
Commitment is buyers exhaustion - (Buyers change to Sellers)
Execution is the part where you are fearless to click the button on confirmation :)
Possible next week bullishness, Week after next fall expected!!! Confirm before execution.
Note
If you have different view feel free to share!Note
My DXY chart telling me that Dollar is overbought. Downside immediate near future it seems.
So I worked on an another plan.. under construction but I share it here.
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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.
Related publications
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.