All the bears are dead!

2021年11月5日

Nov 5 is on my indicators a date for a high and november 10 a date for a low.
We are in a time price area where there is resistance and I expect therefore a retrace.
This has been a good run from the October lows, but according to laws of time and price, well...

2021年11月5日

交易進行

2021年11月10日

註釋

There is more likely that we will see continued bearish movement into the 11th of November as I am not satisfied with the price amount of retrace yet.

2021年11月11日

手動結束交易

2021年11月11日

註釋

Closed the trade with good profits above target zone.

Why? Well, price behaviour was inconsistent with my outlook and I went over history and I saw that I misplaced an inversion which came in late Oct.

Inversion reverses the pivots of a cycle. It came in almost a month before I expected it to come. Interpretational mistakes is a Gann-traders biggest enemy!