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@yaazh_sooty: மஹாபாரதம் கிருஷ்ண உபதேசம் 13 #கிருஷ்ணன்_உபதேசம் #கிருஷ்ணன்நித்தியஸ்ரீ கிருஷ்ணன் உபதேசம் #mahabharatam #mahabharatham #மகாபாரதம் #கிருஷ்ணன் #pagavathkeethai #krishnasayings #sayings krishnasayings
Yaazh_Sootyyinkavithaigal
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Thursday 27 April 2023 04:48:19 GMT
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A pattern breakdown does not always mean the setup is invalid. Sometimes, it creates the deeper retracement needed for a more precise entry. The market is initially in a bearish trend and, after a bearish BOS, price changes its structure and forms a bullish CHoCH. Price then enters a Bullish Flag and begins consolidating. Instead of breaking the flag resistance, price breaks its support and moves into a deeper retracement. At this stage, we apply Fibonacci Retracement to identify the key Fibonacci zone. Price reaches this area and reacts strongly to the upside. The long entry is taken from this zone, following the bullish structural shift established earlier. The key sequence is: BOS → CHoCH → Flag Support Break → Fibonacci Retracement → Long Entry ⏱️ Timeframe: 5m 📌 Save this setup and study how a deeper retracement can create a precise entry within a newly established bullish structure. #FibonacciTrading #BullishFlag #ForexTrading
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