This post is created with intentions to remind myself of the fact that the market will still do WHATEVER it wants. Just because something is logical doesnt mean it has to happen. In general Macro D Micro D and Intraday U, SHOULD for sure be a day where we get a trend reversal short and continuation should go to the downside. This is an example of the opposite
January 20th, 2023
30d:30m
- Micro Downtrend means we should continue to the downside until fundamental structure is broke. Once we break above the 393.91 then the fundamental structure of this micro downtrend is broken. This is the creation of a ranging micro timeframe.
1d:3m (trying it out)
- Perfect trend continuation trades here risking previous HH