Just wanted to add, image Since we hit the orange marker, it is now another good sign that we will make a new top, so I have just entered for a quick run. TP is previous top. Stop is likely that close orange marker.

Ready, SET, Go!

I agree with the short, but whatch out as you are a bit too close to the trend line. The uptrend is not flat enough for my eyes yet to say it will fall back, so you might want to close your trades at the trend line cross for safety.

Ready, SET, Go!

That is very nice! Good job and good thinking!

Ready, SET, Go!

Orange market hit, I just had a few scalps for this up moves, so made some quick money today, just by following up this for you guys: image Let me get to the comments and reply

Ready, SET, Go!

Please post your chart for review. and the time frame

Ready, SET, Go!

Trend line, touched: Getting close to our sell zone: image

Ready, SET, Go!

Seems Like we are about to get a validated new orange marker on our uptrend line: image Also we we are lucky, we will get into a good sell zone. I need to see the uptrend's orange marker to be crossed on the H1 before I can aim for long term ...

Ready, SET, Go!

As I think about it, I have just missed a good entry. XD image When the trend line got crossed, with a pretty small stop I could have entered, but let's just leave a marker now so we don't forget to look up each opportunity.

Ready, SET, Go!

Seems Like we are not making a new low yet, so I will wait for a new "high" to confirm the H1 counter trend, image So this is how the H1 Looks Like: image As you see the orange marker has not been breached. So to me it is a bit of a wait out to ...

Ready, SET, Go!

We need to wait and see if we are making a new low, here is the update on the H1: image Just created a channel using our trend line. That green rotated box shows the best areas to look for counter activity. Also I have a pending buy marker in ...

Ready, SET, Go!

Update: Just got a nice TP: image Also our markers are nearly met: image

Ready, SET, Go!

I decided, what if we follow through a single pair, on a single time frame for the rest of the week to see how it goes. I have choosen the EURUSD, I think that is the mostly traded pair, and maybe you can compare our findings to yours: So I will go ...

Ready, SET, Go!

BTC - Just had a good formation: image It has still more to go up. As it is more likely it goes higher then falls back to the orange marker. I have also marked the proposed new trend line.

Ready, SET, Go!

This is how far I could go back on the 5m chart on the EURUSD: image I tried to leave some on screen comments so you see how it evolved. Now I want to show you the remains of this whole mess: Without showing whats coming up: image I have removed ...

Ready, SET, Go!

The short answer is a "yes" because we need to touch the trend line, however that fall can still ongo for a while and with it the trend line will head further down. The only thing we know for sure is that the trend line will need to be crossed at ...

Ready, SET, Go!

Last one to show today, is an example on ranges: image So this trading method gives us not just an entry but a whole range that gives us relative good chances and timing to look for a trade. If you draw the counter trends, it can even thighen the ...

Ready, SET, Go!

So If I understand you expect a short, which means your drawing is correct. If the price goes above the trend line you have good chances to reach the previous low so the levels are correct. Here its also wise to see the big picture: image The gold ...

Ready, SET, Go!

This is how the trend has evolved: image It gave us a perfect opportunity to enter in the green zone: Moving on: image You can see how the counter trend evolved. Also the entry points for good TP to the green. When the last thick white broke and ...

Ready, SET, Go!

The reason is simple. After we make a new Low, there is no real target to reach in this trend anymore other than the trend line, as the price always has to get back to the the trendline. The best chances to short with the trend is close to the trend ...

Ready, SET, Go!