Confuence of AB=CD 1.618 extension & Double top FAIL
Price rallied past the ABCD extension at 1.618 with great momentum( long range bar)this top also corresponded to a double top that is visible in the 4HR chart. All indications to sell this market in my humble opinion did not pen out. I AM NOT SELLING THIS MARKET, I know what you are thinking, maybe you are right, maybe l am an idiot but l just don't know how to do it any other way.
Always trade what you see not what you think , no one knows whats going to happen next in the market. Anything can happen.
Happy trading and always practise sound money management.!
Always trade what you see not what you think , no one knows whats going to happen next in the market. Anything can happen.
Happy trading and always practise sound money management.!
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