There is good resistance over here : wait for shorting
There is good resistance over here , if its break and you get a confirmation signal on 2nd day then buy on 3rd day.
as i don't think it will break
so i will wait for shorting as if red candles is formed, then i will wait for 2 day for confirmation candle then i will short it on 3rd day
For shorting we set 1st TP for 0.382 FIB.RE level and 2nd TP will be on 0.618 FIB.RE level.
Trade may go either way so just wait for candles and then confirmation candles then take the action.
as i don't think it will break
so i will wait for shorting as if red candles is formed, then i will wait for 2 day for confirmation candle then i will short it on 3rd day
For shorting we set 1st TP for 0.382 FIB.RE level and 2nd TP will be on 0.618 FIB.RE level.
Trade may go either way so just wait for candles and then confirmation candles then take the action.