The Chart is 4H, It seems probable that after a fall like this, the market could reverse.
Normally we shouldn't rely for retracements when the timeframe is so high. 15-30 minutes should be better.
The reason is that the market is strongly affected by other fundamental factors that we allow to affect our positions due to the fact that we are exposed too long in the market.
Normally we shouldn't rely for retracements when the timeframe is so high. 15-30 minutes should be better.
The reason is that the market is strongly affected by other fundamental factors that we allow to affect our positions due to the fact that we are exposed too long in the market.