Trading decision is broken down to elements and evidence:
Trend: Down
Timing:
1) Trend line - will break soon
2) Previous trends happen after trendline break
3) Trend line is breaking soon
4) Stoch - Turning soon
5) FIB of previous wave- 50% of previous wave
6) Forming multiple pin bars
This means it is ready to be entered
Moving to lower time frame to set up entry orders.
Trend: Down
Timing:
1) Trend line - will break soon
2) Previous trends happen after trendline break
3) Trend line is breaking soon
4) Stoch - Turning soon
5) FIB of previous wave- 50% of previous wave
6) Forming multiple pin bars
This means it is ready to be entered
Moving to lower time frame to set up entry orders.
