@cTrader I love this app, this is my favorite platform! Can you please add option on the Android app that I can pre-set risk and rr the same like in the desktop app. 🙏🏻
If price takes too long to create the protected swing during a retracement, it is just consolidation.
Phases of price:
- expansion -> retracement -> expansion
- expansion -> consolidation (retracement that took too long) -> expansion (fake move) -> reversal
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When it comes to entries:
Don't focus too much on having the perfect entry. Often, if you get the direction right, your entry will be the least thing to worry about.