So we are still in the zone: This should be the best time to short, however, I am not convinced yet, we won't turn up higher. This is too flat to hold: image I think I will wait for some confirmations for now. We are also too close to our trend ...

Ready, SET, Go!

as jsut said: image It is now valid

Ready, SET, Go!

Checking the H1, actually it is accelerating so fast, it is likely that this trend line will break. image But, also these are the type which are likely to continue. I would say, let me rephrase my 5m chart. image I took out the entry sing, as I ...

Ready, SET, Go!

Soon we might get an entry: image

Ready, SET, Go!

So now its even more likely that we make a new push, which is somewhat good news, as we might be getting a new entry for shorts. I have prepped the new trend line and the new orange marker in case we make a new low today, which I think we will but ...

Ready, SET, Go!

Sorry I meant this. image Its abit exatuared, but the red line tries to mark that you should place your trend lines as is, on wicks covering all candles below.

Ready, SET, Go!

Update, so the price pushed back, no GAP fill. I have updated the Possible re-entry zone and drawn a possible new counter marker. image It gets validated only if we get a higher push.

Ready, SET, Go!

I am happy you made some money! But the drawing is not good, you cannot miss any wicks or your trend liens can not cross at any portion of any candle. Try and redraw, I am happy to review

Ready, SET, Go!

I am aiming for the trend line as a TP actually. I found that the price might actually do some side ways move and maybe we have a new counter forming as the GAP is a good indication for a counter activity. To be safe that is my TP. image

Ready, SET, Go!

So seems like the morning GAP made the price get to the sell zone. From here we can expect a New low. Fingers crossed! image

Ready, SET, Go!

Exactly right, that only validates if the trend makes a new low after that touch, as it can mkae multiple crosses over that trend line, but the orange marker is valid only if the new low as made.

Ready, SET, Go!

All the entries looked ok, the trend lines are also fine, but the news pushed the price to be so over sold.. on a bigget time frame I would say we are in a buy zone. But technically it will ba next week.. or so...

Ready, SET, Go!

So technically we had the chance to buy, and aim for the trendline cross. But I really really hate 1 swing breaks. Like that huge red column is just no good. Most of the times these get just filled back, but they break a structure so badly. image ...

Ready, SET, Go!

Well, This is Panic now: image

Ready, SET, Go!

Little update, image So the RED marker is hit, from here on it is pretty likely that that we will get some rebound, however it will likely to continue further down after. This is the daily chart, so we talk about weeks here.

Ready, SET, Go!

image I have marked the areas for possible by and short. I will think we are good for a bit of a correction, as for now this is the lower the price has ever been to the down trend line. we will see if it builds up anything plus.

Ready, SET, Go!

Well, it did not make it to the trend line, no entry: image I have added an alert to that trend line. Maybe we get an entry later.

Ready, SET, Go!

Likely we will go short on this if it goes above the trend line: image That little uptrend line won't hold much. That is our target.

Ready, SET, Go!

So what I wanted to add is simply, the best is always to decide what are your terms, like I am a day trader, so I should check the lowers time frames. Like we do on the 5m chart. image So far the paper work does its job, so we will see soon. NEWS ...

Ready, SET, Go!