Its been a bit whacky. if you pull out to the weekly chart price s pretty extended to the downside. So we are seeing what yo would expect to see based on the principles of buying low and selling high. Because it is whacky (not a technical term), you still want to abide by the general chart template.
Will see fi price reaches the marked off areas. If so, will have to confirm a re-accumulation pattern. Its pretty easy if you can wait.
If things do not play out as you would like it to, then abandon the plan. This is okay to do. If the target does not walk directly into your trap and you still enter, you are only working against yourself and your system. So wait for price to come to you, always.... never chase it or think you can "will" price to do what you want it to do. Its going to do what IT wants to do and could care less about your plan. If you chase it, you will lose.. at least most of the time.
Simple.
Will see fi price reaches the marked off areas. If so, will have to confirm a re-accumulation pattern. Its pretty easy if you can wait.
If things do not play out as you would like it to, then abandon the plan. This is okay to do. If the target does not walk directly into your trap and you still enter, you are only working against yourself and your system. So wait for price to come to you, always.... never chase it or think you can "will" price to do what you want it to do. Its going to do what IT wants to do and could care less about your plan. If you chase it, you will lose.. at least most of the time.
Simple.