Today we have another shorting opportunity present.
We have a pretty clear 15M down trend, so we, trend continuation traders, are looking for short.
We have;
A possible Bat pattern, as confluence, with the short term orderflow;
ABCD pattern ;
At structure.
We as traders want to put ourself in the best possible way to succeed, and we do this by creating as much confluence as we can get, without over-doing this. How do we do that, by creating a trading plan, and backtest the heck out of it.
We have a pretty clear 15M down trend, so we, trend continuation traders, are looking for short.
We have;
A possible Bat pattern, as confluence, with the short term orderflow;
ABCD pattern ;
At structure.
We as traders want to put ourself in the best possible way to succeed, and we do this by creating as much confluence as we can get, without over-doing this. How do we do that, by creating a trading plan, and backtest the heck out of it.