BTCUSD // wait for a countertrend
Price fell in the beginning of November and a correction of this impulse and a nice impulse followed.
Now price made a 1-2-3 on the H4 an a correction MOVE has been formed on H4 and the daily. Shorting the market for me is only possible below the last daily local low, and since the primary trend is short, I'm waiting for a countertrend to form.
From that countertrend, the waves will show the way where buyers and sellers will be moving the price.
I will trade only the impulses. Either on the secondary long countertrend or on the primary short trend.
Trade safe! ⚪️⚫️
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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
Now price made a 1-2-3 on the H4 an a correction MOVE has been formed on H4 and the daily. Shorting the market for me is only possible below the last daily local low, and since the primary trend is short, I'm waiting for a countertrend to form.
From that countertrend, the waves will show the way where buyers and sellers will be moving the price.
I will trade only the impulses. Either on the secondary long countertrend or on the primary short trend.
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
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Substrack ---> TheMarketFlow.substack.com
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