Price moves in patterns and all you have to do is identify them, and trade-off them.
You should ask yourself that are you willing to lose such an amount, and did you think in terms of probabilities?
X3 confluence; - Off fib golden zone - Off resistance zone - possible reversal pattern double top
Off retest of the level. M30 trend has changed to the downside.
Volatility seeking is in this week.
Off the D1 support trendline. Seek for a reversal pattern.
Uptrend with the confluence of continuation pattern.
Price just broke the downtrend channel, we might change the directional bias to buying market.
1. Off Demand zone 2. Off support trendline of rising channel
1. Resistance zone & 2. Resistance trendline 3. Break and retest
Head & shoulder as a reversal pattern and Bull flag a continuation pattern. If the bull flag breaks the support trendline, we seek to short, and if the bull flag breaks the bull we long.
Confluence of: 1. Price off support zone 2. Double bottom 3. Retest off neckline
x3 confluences: 1. Resistance zone 2. Fib folden zone 3. Resistance trendline
X3 Confluence off: 1. Highly respected Resistance zone 2. Fib golden zone 3. Strong resistance trendline