Oct '24 (edited) • Trading discussion
Market structure vs plan structure
Market is bullish on Oil from Friday until today (Monday) with higher highs and higher lows.
Of course, we try to trade with the Market Structure (Long)
But after these 2 red 1h sticks,,
Is it reasonable to say the Plan Structure is now bearish and therefore I can take a Short trade here (meaning I am trading with plan structure and against market structure)?
It the answer is no,, how many red 1 hr candles I should see in a row in order to say the plan structure has shifted and is now bearish?
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Market structure vs plan structure
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