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Trendcontinuation

Psychological trading hack #0003 - finding your true friendIs finding your 'true friend' a psychological issue? Absolutely! We normally think of 'friends' as people - and that can be something of a mistake (based on personal experience), as I explain. Your true friend in trading is right there hidden in the backdrop behind the candles - and that's why you see no candles in the screencast. So I'm saying, find the tools and the methods which will lead to finding the real true friend. Then let your true friend help you.
Education
by Captain_Walker
3
BEARISH TREND CONTINUATION TRADE/H&S REVERSAL SETUP ON GBPJPYGBPJPY is in a clear bearish trend, and price is just about to retest the neckline of broken head & shoulder pattern which aligned with 61.8 Fib, daily resistance zone, and mean value. Our goal is to find a short entry, with that in mind, we wait for a clear break of Counter Trend Line (CTL) for entry. There is currently two CTL on the chart, the break of the short-term CTL that's close to price will be used for an aggressive entry while the CTL that's extended from current price action can be used for a conservative entry. NOTE: A strong bullish close above the resistance zone and desecing trendline will invalidate this setup. If you like this kind of content/trade idea, kindly leave comment and follow me.
Short
by Veejahbee