W - Bearish, price is in a large retracement
D - Bearish, clear bearish trend
Swing entries -
price is over extended right now, when we see a retracement back to the last low (yellow) I will enter a bearish position
Scalping entries -
price is very over extended, I will be looking to ride the retracement when a bullish trend has formed on the lower timeframe
D - Bearish, clear bearish trend
Swing entries -
price is over extended right now, when we see a retracement back to the last low (yellow) I will enter a bearish position
Scalping entries -
price is very over extended, I will be looking to ride the retracement when a bullish trend has formed on the lower timeframe