Don't be afraid of the decline that happened hours ago
What you lost; is expected to be compensated next week when the currencies rise to the point where they started falling today on the four-hour frame
We believe that the downtrend has begun for the currencies that rose significantly and broke their highest historical peaks.
And the sideways (consolidative) trend has begun for the currencies that have fallen to the bottom (to the point where they started rising in the past months).
There will be increases for some currencies that the whales will use as bait for traders.
So caution and care must be taken.
So we repeat and note to everyone that:
(On the monthly or weekly frame only)
- You must sell when the currencies return to rise slightly to the point where they started falling today on the 4-hour frame; This is only for currencies that have risen significantly previously.
- You must remain stable in the currencies that are currently at the bottom, i.e. they have fallen this month to the point where they started rising in the previous months.
- Beware of currencies that rise suddenly and may fall suddenly in the coming days, so you must be patient and cautious until you are sure of them.
We wish everyone success, God willing