"Master the Downtrend: Trade Like a Pro with These Key Patterns"
The image highlights a classic macro downtrend with lower highs and lower lows, signaling strong bearish momentum. Here’s how to trade it like a pro:
Trend Reversal Confirmation: Wait for the price to break the downtrend structure (e.g., a higher high) before considering a reversal.
Wedge Breakout: The "wedge opening" suggests a potential breakout—trade in the direction of the breakout for high-probability entries.
Target Projection: Use the wedge’s height or prior swing points to set your 1st target for taking profits.
Stay disciplined, follow the trend, and always wait for confirmation. Happy trading! 🚀