@lenonmc21

The market has been experiencing a sharp decline in recent hours, and although we cannot explain why technically, fundamentally we can, and I believe it has to do with the government shutdown in the US that will occur in six days. However, technically speaking, I see the following: - Clear support on the 1S chart, strong temporality. - Even if it breaks that zone a little, there is the "cycle close," which closes and is then followed by an upward momentum. - Now what to do. Lower the timeframe, observe the structure, for example in 4H or at least 1H, when the bearish structure in that timeframe changes, look for the entry. This is more than enough to take advantage of the market. Now you are investing, just apply DCA and you're done.

2 replies

1 recast

1 reaction