Hi Traders,
Please share & like my post if you like my trading ideas
Please note proper risk management needs to be applied and this is my personal opinion of the market
1. Price has formed a downtrend structure on the daily time frame
2. The major trend is bearish
3. Price has reached a resistance area
4. Price has stalled and formed indecision on the lower time frames like the 1H, 4H, 6H, 8H & 12H
You don't need to be a hero to trade just simple approach and a strategy that is simple and easy to follow
Please share & like my post if you like my trading ideas
Please note proper risk management needs to be applied and this is my personal opinion of the market
1. Price has formed a downtrend structure on the daily time frame
2. The major trend is bearish
3. Price has reached a resistance area
4. Price has stalled and formed indecision on the lower time frames like the 1H, 4H, 6H, 8H & 12H
You don't need to be a hero to trade just simple approach and a strategy that is simple and easy to follow