Break and Retest, correction!!
Hey my follower
This is the break and retest Pattern which I have become a very much of a fan for!!!
It's simple...Find the structure(Bullish/Bearish), then use the trendline and measure the correction zone (Fibonacci Zone;50%_61.8%) of the structure, and them=n wait for the market to break the Trendline, and then use the Level or leg which broke the trendline by measuring the 50% correction of it...
Cheers
This is the break and retest Pattern which I have become a very much of a fan for!!!
It's simple...Find the structure(Bullish/Bearish), then use the trendline and measure the correction zone (Fibonacci Zone;50%_61.8%) of the structure, and them=n wait for the market to break the Trendline, and then use the Level or leg which broke the trendline by measuring the 50% correction of it...
Cheers