WHEN STRUCTURE DID NOT DO WHAT I EXPECT
For those who learned wave analysis would see the running flat structure in a glance and expect big downside.
Those who saw small head and shoulder expected break of neckline to enter but then what happened?
The bulls suddenly became very strong and break out occur to the upside.
How do you avoid those kind of trap?
I predicted the market to stay bullish and catch 100 pips upside . It was really a good lesson that structure can be deceiving, also candle formation.
Anyone want to share your strategy to not get trapped into that illusion ?
Those who saw small head and shoulder expected break of neckline to enter but then what happened?
The bulls suddenly became very strong and break out occur to the upside.
How do you avoid those kind of trap?
I predicted the market to stay bullish and catch 100 pips upside . It was really a good lesson that structure can be deceiving, also candle formation.
Anyone want to share your strategy to not get trapped into that illusion ?
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