Descending Bearish Channel WITH lots of ROOM 2 expand & contract
Here's a thing scenarios are created by market makers right? So the idea that making sense of what goes through in market is by
going through the macroeconomics and every single factors. The bigger picture must be implemented from a wider scale of things.
The likely scenarios are we know that markets moves in three ways, upward, downward and sideways. This means we must figure it out
by using a series of confluences where are our SNR, POI's, Demand zones, Supply zones , FIBO's, Waves, Divergences/Convergences whatever our trading strategies are must come together and create a probability in favour of our trades.
In the Long run it is still a bearish market. Their is a lot of fear and greed out there where levels of uncertainties lies but we can say that short term bullish are
very possible. That really depends on your trading style and what markets gives you of course. Major factors influences are in play such as the current War(s)
,pandemic still looms, stocks are in volatility, geopolitical tensions, interest rates etc.
So therefore for me personally what you see is what you get, trade what you see provided probabilities are stacks FOR YOU on your trades.
Trading should not be hard and/or complicated people will it uneasy though. Have patience you will lose some and you will win more.
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