You can see the down green holizontal line, that is the strong and valid support rejection. This means the market hardly closes this line and when it does, you sell only within red prtion or rectangle. only when the bearish candle breaks the line. If the next candle is bullish, do buy within the green rectangle or portion.
Green holizontal lines identify market structure..we now wait for a bullish candle to break the down trendline so we buy
Waiting for the market to break the triangle and the trendlines. from there I wait for a retest before I place my order....I check whether the triangle will be broken by a bullish or bearish. the market gonna follow the structure moving accordingly to bullish or bearish candle stick...if the bullish breaks, then that's a green light of buying and if the bearish...
I analysed this yesterday but I couldn't upload it due do poor connection..but it is going as it is analysed..I am now waiting for a retest
There is a possibility that the market will go down as we I can clear see the market structure of supply and demands. If one structure is broken by a bearish candle, then I believe that the market will continue going down until the next structure, where there is possibility of bouncing...if it break the next structure, I wait for a retest then I sell.