- We have 2 different pattern at the same resistance, one goes up and one goes down.. what to do?
- To avoid making a mistake we have to WAIT CHANNEL UPWARDS BREAKOT BEFORE TAKING BUYING POSITION, or
- WAITING IAE PATTERN REACHING THE TARGET AND BUYING THERE. Do not take any sell position if you are thinking IAE will work, because it is a possiblity the price will move inside the descanding channel, and cann breakout upwards.
- Our target is Fib 1.618 (around 7.80)