20. Context: All of the Bars to the left
Last updated
Last updated
When placing a trade, pay attention to context:
Context is the big picture.
Context is all the bars to the left.
In this example, the context is bearish. The Bull reversal bar is only a minor reversal.
Instead of take a long trade, the better way is to follow the bearish trend, follow the L1 signal bar.
And wait for the bear trend to resume.
