Reply To: Djamal, please comment…

#51083
FractalFreak
Participant

Summary:

In this case, it was rather easy to predict that UJ would go DOWN. There was a CLEAR target below the low (huge MTS), the recent DM flow was more long, there was a typical reversed grail pattern / failed reversal scenario.
On the day chart there was even the big low as a clear target.
There was no squeeze.
The reason why this short was ADVANCED is because UJ was already in a clear “out of range” mode, so an expensive entry was required (not for beginners).
If you thought that UJ would go up, please study more dear. There was not even a DM switch, so without any shorty flow, no dm switch, and without the main targets being taken, it made no sense to try trading a reversal up,
that was DM thinking.

Lots of love,
D

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