0 0
Read Time:36 Second


The last analysis has not been completed and we are still in the downward trend. oRGR should be played only when the price breaks through the resistance, because only then we have formed a pattern. The present example is a perfect illustration of a situation where too much haste causes losses. Several times it happened that I was persuaded to invest earlier when I see the formation of oRGR and RGR. My position does not change and the current situation on the chart is a perfect confirmation that it is not worth risking when there is no signal to conclude a transaction.

I will consider long positions at the moment only after breaking the marked resistance and correction.

Leave a Reply

Your email address will not be published. Required fields are marked *